Overview

This lot in London South is for sale. It has been on the market 7 days, fresher than the London South average of 68 days.

Land for Sale in London South →All real estate in London South →

Description

Prime commercial development opportunity in the heart of Lambeth. This 0.35-acre BDC-zoned site permits drive-through facilities, making it ideal for a restaurant, cafe, personal service business, medical use, or professional office. Situated along Colonel Talbot Road with approximately 15,000 vehicles passing daily, the property offers exceptional visibility and exposure. Located at the entrance to the Lambeth Health & Wellness Centre, the site benefits from hundreds of daily patients, visitors, and employees, while a new single story seniors residential development immediately behind the property will continue to drive traffic and demand to the area. A Phase I Environmental Site Assessment has been completed, with no Phase II ESA required. The sellers can also be contracted separately to provide design and construction services, offering purchasers the option of a streamlined development process. An outstanding opportunity for developers, investors, or owner-users to establish a presence in one of southwest London's fastest-growing commercial nodes. (id:66096)

Market Timing

Days on market

London South (South V) listings, avg age

68d

List price

$650K

Haho

This vacant land in London South (South V) has been listed for 7 days, which is 61 days fresher than the city average of 68. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (N6P)

This home lists at $649,900, about 5.5× the local median household income of $119,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $119,000
Population: 10,943
Median age: 40.8
Owner / renter: 78% / 22%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N6P)

$649,900

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

4366 Colonel Talbot Road, London South (South V) - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N6P)

Book a showing

Need a commercial mortgage?