566 Southdale Road
London South, ON
- 2 bed
- 1 bath
- approx. 700-1100 sqft
- Detached
- 240 days on market
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.
Listing Details
- Taxes (2025)
- $5,588
- Originally Listed
- $1,699,900
- Listed
- January 13, 2026
Price History
Listing history
Sign in to view
Property
- Style
- Bungalow
- Construction
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Water Heater Owned, Workbench
- Lot Size
- 106.51 x 162.12 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Other
Location & Legal
- Cross Street
- Easy Street
- Parcel Number
- 084660386
- Possession
- Flexible
- Occupancy
- Vacant
Schools
Elementary
- Rick Hansen Public School0.6 km
Public · Thames Valley DSB · 455 students
Grade 3 reading: 53% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Cleardale Public School0.6 km
Public · Thames Valley DSB · 495 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 36% met the provincial standard
- Sir Arthur Carty Separate School0.8 km
Catholic · London District Catholic School Board · 620 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 43% met the provincial standard
Secondary
- Sir Wilfrid Laurier Secondary School2.3 km
Public · Thames Valley DSB · 1145 students
Grade 10 literacy: 79% met the provincial standard
- London South Collegiate Institute3 km
Public · Thames Valley DSB · 880 students
Grade 10 literacy: 73% met the provincial standard
- G A Wheable Secondary School3.4 km
Public · Thames Valley DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N6E
- Population
- 28,140
- Private dwellings
- 10,366
- Median age
- 38
- Average household size
- 2.7
- Median household income
- $75,000
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
Residential Freehold in London South · last 12 months
- Median sold price
- $585,000
- Homes sold
- 1,894
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 1,894 recorded sales of residential freehold properties in London South over the last 12 months.
Rooms
4-piece on Main
Main
- Bathroom
- Bedroom11'5" x 7'10"
- Dining Room8' x 9'3"
- Kitchen9'7" x 11'4"
- Living Room11'2" x 17'5"
- Primary Bedroom11'5" x 11'3"
- Sunroom9'4" x 13'
Basement
- Laundry9' x 11'6"
- Recreation18'4" x 12'3"
Listed by
RIGHT AT HOME REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$319,980
Estimated Monthly Payment
$7,860
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,860/mo (20% down, 5.5%)
Taxes: $466/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?