Gurvinder Nokwal REALTOR®
For Sale Detached 4 days on market

$1,399,900

Est. payment $6,198/moCalculate yours

566 Southdale Road E, London South, ON N6E 1A6

South, London, ON N6E 1A6

  • 2 Beds
  • 1 Baths
  • 2 Garage
  • 700 Sq Ft
Map

Listing courtesy of RIGHT AT HOME REALTY MLS® X14032038

About this home

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.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
New
Size
700 sqft

Interior

Bedrooms
2
Bathrooms
1
Kitchens
1
Basement
Development Potential, Unfinished

Building & Systems

Heating
Radiant (Other)
Cooling
None
Exterior
Aluminum Siding
Foundation
Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
106.51 x 162.12 Feet
Parking
Detached garage · 6 total

Financial

Property Taxes
$5,588 (2025)

Location

Neighbourhood
South
Cross Street
Easy Street
Direction Faces
South

Listing

MLS® Number
X14032038
Days on Market
4
Listed On
2026-10-14
Listed By
RIGHT AT HOME REALTY

Rooms

Room Level Dimensions
Primary Bedroom Main 11′ 5″ × 11′ 3″
Dining Room Main 8′ 0″ × 9′ 3″
Sunroom Main 9′ 4″ × 13′ 0″
Kitchen Main 9′ 7″ × 11′ 4″
Bathroom Main -
Recreation Basement 18′ 4″ × 12′ 3″
Laundry Basement 9′ 0″ × 11′ 6″
Living Room Main 11′ 2″ × 17′ 5″
Bedroom Main 11′ 5″ × 7′ 10″

Features

Interior

  • Water Heater Owned
  • Workbench

Pool

  • None

Mortgage calculator

Minimum for this price: $114,990 (8.21%)

Amortization, years

Estimated mortgage payment

$6,198 per month

Principal and interest
$6,198
Property tax
$466
Estimated monthly cost
$6,664

Your mortgage

Mortgage amount
$1,119,920
Mortgage insurance
Not needed
Interest over 25 years
$739,616

Cash to close

Down payment
$279,980
Land transfer tax
$24,473
Total, before legal fees
$304,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

566 Southdale Road E, London South, ON N6E 1A6 South, London, ON N6E 1A6
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Also listed as MLS® X12691706

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,399,900 566 Southdale Road E, London South, ON N6E 1A6
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