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$3,900,000

Investment

1408 Ernest Avenue, London South, ON N6E 3B2South X

Listing Overview

MLS ID:X12828178
Status:New
Type:Commercial / Investment
Taxes:$49,379.57 / yr (2026)
Days on Market:39
Listed:2026-02-27
Last Updated:Feb 27, 2026
Cross Street:Ernest and Jalna
Data Source:PROPTX

Interior

Utilities

Heat Type:Gas Forced Air Closed

Outdoor / Lot

Lot Size:× 266ft

Parking

Garage Type:None

Description

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 ft 2 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.

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