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1503 Hyde Park Road

1503 Hyde Park Road

London North, ON

2 sqft • Land • 367 days on market

$1

Prominent and highly visible 2.34 acre development site site along Hyde Park Rd in the highly desirable Northwest area of London at the intersection of Gainsborough Rd. & Hyde Park Rd. Zoning approved for an 8 Story building, 137 residential + 9000 sqft commerical. 129 parking spots above ground and 42 spots underground. Commercial zoning BDC, (BDC 1&2). **All Services available on site** Land Site Influences: Flat Site, Highway Nearby, other facilities and amenities nearby. Large housing sites to the North, South and West of property. Studies completed: Environmental Phase 1, Traffic Impact Study, Shadow, Geotech study, sewer & watermain capacity analysis, storm water management study, utility capacity, land survey update and pipe location. Zoning amendment approved on June 2023. Project in site plan approval stage. Market Study completed with great prediction of apartment building, retirement home andreligious build ups. Located just down the street from Canadian Tire, Walmart, Golf Town, Rona, Mandarin, Winners, Marshalls, Homesense, Gap, Sportchek, etc. Located in rapidly growing Residential and Commercial node in London. Several new residential and commercial developments in the area.

Listing Details

Taxes (2025)
$30,328
Listed
August 27, 2025

Price History

Property

Lot Size
371 x 283 Feet

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Hyde Park Rd & Gainsborough Rd
Zoning
BDC, BDC1 & BDC2
Parcel Number
080642988
Possession
Immediate

Commercial

Occupancy
Owner

Community

Postal area N6H

Population
44,215
Private dwellings
20,694
Median age
38.8
Average household size
2.3
Median household income
$71,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in London North · last 12 months

Median sold price
$651,000
Homes sold
1,367
Median days on market
27
Sale-to-list price
97.3%

Based on 1,367 recorded sales of commercial properties in London North over the last 12 months.

Listed by

HOMELIFE/MIRACLE REALTY LTD

Location

Street View

Commercial figures

Annual property tax
$30,328

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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