Listed for:Listed Mar 31, 2026
$6,900,000

250 Springbank Drive

London (South D), ON N6J 1E9

Vacant Land For Sale
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Sale & Price History for 250 Springbank Drive, London, South D

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 250 Springbank Drive, London, South D

Summarized Description

  • 3.482-acre high-profile development site
  • Approved for 15-storey, 260-unit residential towers
  • Close proximity to downtown amenities
  • Overlooks Thames River for scenic views
  • Conditional Site Plan Approval received August 2023
  • Excellent high-density infill development opportunity
  • Access to nearby greenspaces and parks

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$37,719
Land Transfer Tax Fee
$158,975

Rental Items

Rental Equipment
Nil

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Land
Approx Age
New

Lot

Lot Front
587.29 ft
Lot Depth
299.77 ft
Lot Size
3.482
Lot Shape
Irregular

Inclusions

Inclusions
None

Exclusions

Exclusions
None

Heating & Cooling

Water
Municipal
Sewers
Sanitary+Storm Available

Municipality
London
Neighbourhood
South D
Main cross streets
Forest Hill Ave
Zoning
R9-7
Directions
Just east of Wonderland on Springbank Dr.

MLS® number
X12941016
Data source
Toronto Regional Real Estate Board
Listed on
2026-03-31
Updated on
2026-05-12
Days on market
202 days
Possession type
Immediate
Co-op commission
1.5%
Seller
Listed by
CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO

Home Market Value

Current home valuation for 250 Springbank Drive, London, South D, London, ON. Listed for $6,900,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 250 Springbank Drive, London, South D

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

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London, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$1,380,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$5,520,000$5,175,000$4,830,000$4,485,000
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$26,951monthly$25,267monthly$23,582monthly$21,898monthly
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Land Transfer Tax

Provincial

$158,975

Total Land Transfer Tax

$158,975

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0/100Minimal Transit
30/100Somewhat Bikeable
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