Listed for:Listed 12 days ago
$1,399,900

566 Southdale Road E

London (South R), ON N6E 1A6

Vacant Land For Sale
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Sale & Price History for 566 Southdale Road E, London, South R

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 566 Southdale Road E, London, South R

Summarized Description

  • Shovel-ready development with approvals in place.
  • 16-unit stacked townhouse project planned.
  • 17 parking spaces available on-site.
  • Located in a key transit corridor.
  • Proximity to future Bus Rapid Transit project.
  • Walking distance to essential amenities.
  • Ideal for private and non-profit developers.
  • Strong potential for affordable housing initiatives.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,588
Land Transfer Tax Fee
$24,473

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Land

Lot

Lot Front
106.51 ft
Lot Depth
162.12 ft

Parking & Garages

Parking Spaces
6

Heating & Cooling

Heat Source
Other
Heat Type
Radiant
Water
Municipal
Sewers
Sanitary Available

Bedrooms
2
Washrooms
1
Kitchens
1

Washrooms

  • —-piece

Municipality
London
Neighbourhood
South R
Main cross streets
Easy Street
Zoning
h-18*R3-2/h-18*R8-4(101)
Directions
NORTHEAST CORNER OF SOUTHDALE RD E AND EASY STREET

MLS® number
X14032042
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-14
Updated on
2026-10-14
Days on market
12 days
Possession date
2026-11-30
Possession type
Flexible
Co-op commission
2
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 566 Southdale Road E, London, South R, London, ON. Listed for $1,399,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 566 Southdale Road E, London, South R

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

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:8.2%

5% on first $500K + 10% on $899,900 over $500K

Minimum down payment

$114,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$51,348$39,057$33,318$0
=Total mortgage
$1,335,056$1,298,967$1,223,233$1,119,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,518monthly$6,342monthly$5,972monthly$5,468monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$24,473

Total Land Transfer Tax

$24,473

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