553 Upper Queen Street
London (South P), ON N6C 3T8
- —Bedrooms
- —Bathrooms
- —Garage
- —Sq Ft
- $14,310Tax
- 132×304 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 553 Upper Queen Street, London, South P
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-07-20 | 2026-08-27 | Login to See Prices | Sold Conditional | x13583416 |
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About 553 Upper Queen Street, London, South P
Summarized Description
- 0.6 hectare site in London's Highland neighbourhood
- Proposed 28-unit, 2-storey townhouse development
- Strong locational appeal near Highland Country Club
- Excellent transit access and bike lanes available
- Close to parks, shopping, and essential amenities
- Planned density of approximately 47 units per hectare
- 62 parking spaces including visitor parking
- Must be sold with adjacent property for development
Prime infill development opportunity at 553 & 557 Upper Queen Street in London's desirable Highland neighbourhood. This 0.6 hectare site (approx. 1.5 acres) features 63 metres of frontage and is located within the Built Area Boundary and Primary Transit Area. Zoning amendment recommended to permit a 28-unit, 2-storey cluster townhouse development across six building blocks, offering a thoughtfully planned medium-density project aligned with London Plan intensification policies. The property is surrounded by established residential neighbourhoods and backs onto the Highland Country Club, offering strong locational appeal. Positioned along a neighbourhood connector with transit access, bike lanes, and proximity to parks, shopping, and amenities, this site represents a compelling opportunity for townhouse development in a mature, high-demand area. Key development highlights include: Proposed density: ~47 units per hectare. Building height: 2 storeys. Parking: 62 spaces (2 per unit plus visitor parking) Site coverage: ~43% with ~40% landscaped open space. *Must be sold in conjunction with 557 Upper Queen St. (MLS X13583452)
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $14,310
- Land Transfer Tax Fee
- $42,475
Rental Items
- Rental Equipment
- Nil
Interior Features
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Land
Lot
- Lot Front
- 132.00 ft
- Lot Depth
- 304.00 ft
- Lot Size
- 0.97
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Nil
Exclusions
- Exclusions
- Nil
Heating & Cooling
- Water
- Municipal
- Sewers
- Sanitary+Storm Available
- Municipality
- London
- Neighbourhood
- South P
- Main cross streets
- Chiddington Ave.
- Zoning
- R5-5(9)
- Directions
- Chiddington Ave. at Upper Queens
- MLS® number
- X13583416
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-27
- Listed on
- 2026-07-20
- Days on market
- 38 days
- Possession type
- Immediate
- Co-op commission
- 1.5%
- Seller
- Listed by
- CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
Home Market Value
Current home valuation for 553 Upper Queen Street, London, South P, London, ON. Listed for $2,240,000
HOMEH Estimate
—
Estimated Sales Range
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HOMEH Estimate for 553 Upper Queen Street, London, South P
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
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$448,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,792,000 | $1,680,000 | $1,568,000 | $1,456,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $8,749monthly | $8,203monthly | $7,656monthly | $7,109monthly |
Land Transfer Tax
$42,475
$42,475
Around this home
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