Outstanding shovel-ready development opportunity at 566 Southdale Road East, featuring a fully zoned and Site Plan Approved 16-unit stacked townhouse project with 17 on-site parking spaces. All major planning approvals are secured, significantly reducing entitlement risk and allowing an immediate progression to construction - saving time and pre-development cost. This property offers a compelling investment and community housing opportunity, ideally suited not only for private developers but also for non-profit, municipal, or institutional housing providers, including those pursuing CMHC-funded affordable housing initiatives. Superior transit and mobility future potential: The site is located within a key transit corridor and will benefit from proximity to the planned Wellington Gateway Bus Rapid Transit (BRT) project, which is designed to improve transit frequency and reliability with dedicated bus lanes between Downtown and South London, including enhanced multi-use infrastructure along Wellington Road. This project will strengthen connections to the broader city and employment areas and include multi-use active transportation paths for pedestrians and cyclists, further enhancing accessibility and connectivity. The location is also within walking distance of abundant amenities, including No Frills grocery store, GoodLife Fitness, Scotiabank, Giant Tiger, Petro-Canada, Nixon Medical Centre, Rexall Pharmacy, Cleardale Public School, Fanshawe College (South London Campus), White Oaks Mall, restaurants, and services - all supporting long-term housing stability, convenience, and quality of life. A rare opportunity to acquire a transit-oriented, ready-to-build site in South London with approvals in place and strong fundamentals for market-rate, affordable, or mixed housing delivery.
Address
566 Southdale Road E
List Price
$1,699,900
MLS® Status
New
Expiration Date
2026-10-13
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
Sale
Area
London South
Sub-Area
South R
Region
Middlesex
Bedrooms (Total)
2
Bathrooms
1
Lot Size Source
MPAC
Lot Depth
162.12
Lot Type
Lot
Lot Size Units
Feet
Lot Width
106.51
Parcel Number
084660386
Total Building Area
17048
Occupant Type
Vacant
Cross Street
Easy Street
MLS® Number
X12692174
Listing Brokerage
STREETCITY REALTY INC.
Postal Code
N6E 1A6
Parking Spaces
4
Tax Amount
$5,588.00
Tax Year
2025
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Source
Other
Heat Type
Radiant
Kitchens Total
1
Tax Legal Description
PART LOT 80, 578 DESIGNATED AS PARTS 1 AND 2, 33R-12137; S/T EASE OVER PART 1, 33R-12137 AS IN 593875; "CONSENT OF THE COMMITTEE OF ADJUSTMENT" ATTACHED TO LT416006; LONDON
Sewer
Sanitary Available