1408 ERNEST AVENUE, London South (South X)

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  • November 10, 2026
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For sale Active MLS® X13556312

1408 ERNEST AVENUE

London South (South X), Ontario N6E3B2

$3,900,000
  • 14773 sqft
  • Multi-family

Listed by PRIME REAL ESTATE BROKERAGE

Property typeMulti-family
BuildingMulti-Family
Lot size168 x 266 FT
Annual taxes$49,380
Listed onJul 13, 2026

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 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:37124)

Property details

Price$3,900,000
StatusActive
TransactionFor sale
Property typeMulti-family
Building typeMulti-Family
Living area14773 square feet
Lot size168 x 266 FT
Frontage168
ZoningR8-4
HeatingNo heat
CoolingFully air conditioned
WaterMunicipal water
Annual taxes$49,380
Listed onJul 13, 2026
MLS® numberX13556312

Location

All listing details (33)
Business TypeResidential
CityLondon South (South X)
City RegionSouth X
CoolingFully air conditioned
CountryCanada
DirectionsErnest and Jalna
Fireplace YNNo
Frontage Length Numeric168
Frontage Length Numeric Unitsfeet
Geocode Manual YNNo
HeatingNo heat
Internet Address Display YNYes
Internet Entire Listing Display YNYes
List AORLondon and St. Thomas
List Price3900000
Living Area14773
Living Area Unitssquare feet
Lot FeaturesElevator
Lot Size Dimensions168 x 266 FT
Original Entry Timestamp2026-07-13T15:21:28.94Z
Photos Count11
Postal CodeN6E3B2
Property Attached YNYes
Property Sub TypeMulti-family
Standard StatusActive
State Or ProvinceOntario
Street NameErnest
Street Number1408
Street SuffixAvenue
Structure TypeMulti-Family
Tax Annual Amount49379.57
Water SourceMunicipal water
Zoning DescriptionR8-4

Listing courtesy of

Listing brokerage

PRIME REAL ESTATE BROKERAGE

302-200 VILLAGEWALK BOULEVARD, LONDON, Ontario

519-473-9992

Listing agent

JUSTIN KONIKOW

519-473-9992

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