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$3,900,000

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1408 Ernest Avenue

South X, London South, Ontario N6E3B2

For sale· Added

14,773 sqft

About this home

An exceptional 1.029-acre infill development site in London's 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.

Location

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Property details

Listing

MLS® number
X13556312
Added
Jul 13, 2026 ()
Updated
Jul 13, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Multi-Family

Inside

Heating
No heat
Cooling
Fully air conditioned
Fireplace
No
Features
Elevator

Land

Lot size
168 x 266 ft
Zoning
R8-4

Services

Water
Municipal water

Location

Cross streets
Ernest and Jalna

Running costs

Annual property tax
$49,380

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$3,900,000
1408 Ernest Avenue
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