2496 MAIN Street
London South, ON
19,858 sqft • Investment • 132 days on market
LAND FOR SALE! Investor and developer opportunity at 2496 Main Street in the heart of Lambeth. This prime site features approved site plan and BDC zoning, permitting a wide range of uses including medical and dental offices, financial institutions, retail stores, animal clinics, convenience stores, laboratories, and more. The property is designed for a mixed use development consisting of 16 residential apartments and 8 commercial or retail units, offering strong potential for both income and long term growth. Services are available at the road and parking is planned at the rear of the building. A newly built townhome complex directly behind the site further enhances the area's growth and appeal. The owner is willing to build out the project for an investor or the land can be purchased on its own. Photos shown are conceptual renderings for illustration purposes only. All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, and building permits with the City of London. Please note: There is an active security deposit held by the City for this property; this amount is to be credited back to the Seller on closing, with the Buyer assuming the file.
Listing Details
- Listed
- April 16, 2026
Price History
Property
- Age
- New
- Lot Size
- 168.14 x 139.3 Feet
Utilities
- Sewer
- Storm
Location & Legal
- Cross Street
- COLONEL TALBOT ROAD & MAIN STREET
- Zoning
- BDC (40) H10 D60
- Parcel Number
- 082170121
- Possession
- Other
Commercial
- Business Type
- Apts - 13 To 20 Units
- Occupancy
- Vacant
- Office / Apartment Area
- 19859 Sq Ft
Included
- Inclusions
- None
- Exclusions
- None
- Rental Items
- Hot Water Heater
Community
Postal area N6P
- Population
- 10,943
- Private dwellings
- 4,081
- Median age
- 40.8
- Average household size
- 2.7
- Median household income
- $119,000
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
- 1,895
- Median days on market
- 27
- Sale-to-list price
- 97.5%
Based on 1,895 recorded sales of commercial properties in London South over the last 12 months.
Listed by
CENTURY 21 FIRST CANADIAN CORP. DEAN SOUFAN INC.
Location
Commercial figures
- Building area
- 19,858 sq ft
- Price per sq ft
- $95.43
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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