566 Southdale Road

London South, ON

2 bed
1 bath
17,048 sqft
Land
239 days on market

$1,599,900Price reduced 6%

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

Property

Lot Size: 106.51 x 162.12 Feet

Utilities

Sewer: Sanitary Available
Heat Source: Other

Location & Legal

Cross Street: Easy Street
Zoning: h-18*R3-2/h-18*R8-4(101)
Parcel Number: 084660386
Possession: Flexible
Occupancy: Vacant

Property Insights

deck patio

AI-generated from listing photos. Not professional advice.

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

Commercial in London South · last 12 months

Median sold price: $585,000
Homes sold: 1,891
Median days on market: 27
Sale-to-list price: 97.5%

Based on 1,891 recorded sales of commercial properties in London South over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Walk Score

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Commercial figures

Building area: 17,048 sq ft
Price per sq ft: $93.85
Annual property tax: $5,588
Tax per sq ft: $0.33

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

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