250 Springbank Drive
London South, ON
- Land
- 156 days on market
High - profile 3.482 acre development site located along Springbank Dr. This site is approved for a 15-storey, 260-unit residential development with two towers (approved through November 18, 2018 OMB/LPAT order). The site is situated in close proximity to the downtown core and also overlooks the Thames River. Location provides excellent access to downtown amenities, while also offering easy access to an abundance of nearby greenspace, including the Thames Valley Corridor, Greenway Park, and much more. Excellent high-density infill development opportunity with conditional Site Plan Approval received August 2023.
Listing Details
- Taxes (2025)
- $37,719
- Listed
- March 31, 2026
Price History
Property
- Age
- New
- Lot Size
- 587.29 x 299.77 Feet
Utilities
- Sewer
- Sanitary+Storm Available
Location & Legal
- Cross Street
- Forest Hill Ave
- Zoning
- R9-7
- Parcel Number
- 083940694
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Residential
Included
- Inclusions
- None
- Exclusions
- None
- Rental Items
- Nil
Community
Postal area N6J
- Population
- 27,497
- Private dwellings
- 13,174
- Median age
- 43.6
- Average household size
- 2.1
- Median household income
- $65,000
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
- 1,893
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 1,893 recorded sales of commercial properties in London South over the last 12 months.
Listed by
CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Annual property tax
- $37,719
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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