$2,799,000
London South
180 Commissioners Road West, London South (South A), Ontario, N6J1X8
This lot in London South is for sale. It has been on the market 28 days, fresher than the London South average of 59 days.
An exceptional opportunity for investors or builders seeking development-ready vacant land. The offering consists of three contiguous parcels (180 & 186 Commissioners Rd W / 546 Viscount Rd) totalling approximately 55,251 sq ft. Zoned R9-4, the site is well positioned for immediate development. Plans are in place for a 49-unit project across two buildings, including a 39-unit apartment with complete drawings, renderings, and full site plan approval, making it effectively shovel ready. The second component is a 10-unit townhouse development with zoning approvals and preliminary plans already completed, offering additional upside and flexibility. Situated within the established Southcrest Estates neighbourhood, the property benefits from a strong residential setting with a mix of single-family homes, townhouses, and mid-rise apartment buildings. The site sits at the intersection of Commissioners Rd W and Viscount Rd, providing excellent connectivity and exposure along a key arterial corridor. The area is undergoing gradual intensification, supported by the City's planning framework, with nearby schools, parks, transit routes, and everyday amenities all within close proximity, making it an attractive and transit-supportive location for future residential development. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 28 days on market, against an average age of 59 days across the listings currently for sale in this city
This vacant land in London South (South A) has been listed for 28 days, which is 31 days fresher than the city average of 59. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,799,000, about 43.1× the local median household income of $65,000.
Carrying it typically needs a household income of about $546,743 (20% down, 25-yr amortization, stress-tested) — roughly 741% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6J)
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