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1408 Ernest Avenue London South (South X), ON

PROPERTY INFO

An exceptional 1.029-acre infill development site in Londons White Oaks neighbourhood, recently re-zoned Residential R8-4, and approved for a wide range of medium-density residential uses including stacked townhouses, low-rise apartments, and converted dwellings.The property features an existing vacant two-storey commercial structure, approved for conversion into an 18-unit residential apartment building (44 units per hectare) with a flexible mix of 1-bedroom, 1+den, and 2-bedroom layouts. Approx. 12,950 ft2 of existing building space and 64 on-site parking stalls - with access via a shared private laneway - support a streamlined, low-cost redevelopment path. No Site Plan Control is required for the current approved conversion, reducing timeline and permitting barriers.Strategically located near transit, shopping, parks, schools, and employment hubs, this site offers strong tenant appeal and long-term upside in a corridor targeted for growth. Positioned between an established residential area and a neighbourhood commercial node, the site delivers natural transition, walkability, and policy-aligned density.Property is currently vacant and uninsured. Data room access with a signed CA. (id:4555)

PROPERTY SPECS

Listing ID X12353331
Address 1408 ERNEST AVENUE
City London South (South X), ON
Price $3,900,000
Land Size 168 x 266 FT
Type Multi-Family
Status For sale

EXTENDED FEATURES

Features ElevatorCooling Fully air conditionedHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-08-19 22:01:04Days on Market 107
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226.881.0754

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LISTING OFFICE:
Prime Real Estate Brokerage, Roger Horvath
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