1408 ERNEST AVENUE
London South (South X), Ontario N6E3B2
- 14773 sqft
- Multi-family
Listed by PRIME REAL ESTATE BROKERAGE
11 photos
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 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Multi-family |
| Building type | Multi-Family |
| Living area | 14773 square feet |
| Lot size | 168 x 266 FT |
| Frontage | 168 |
| Zoning | R8-4 |
| Heating | No heat |
| Cooling | Fully air conditioned |
| Water | Municipal water |
| Annual taxes | $49,380 |
| Listed on | Jul 13, 2026 |
| MLS® number | X13556312 |
Location
All listing details (33)
| Business Type | Residential |
|---|---|
| City | London South (South X) |
| City Region | South X |
| Cooling | Fully air conditioned |
| Country | Canada |
| Directions | Ernest and Jalna |
| Fireplace YN | No |
| Frontage Length Numeric | 168 |
| Frontage Length Numeric Units | feet |
| Geocode Manual YN | No |
| Heating | No heat |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | London and St. Thomas |
| List Price | 3900000 |
| Living Area | 14773 |
| Living Area Units | square feet |
| Lot Features | Elevator |
| Lot Size Dimensions | 168 x 266 FT |
| Original Entry Timestamp | 2026-07-13T15:21:28.94Z |
| Photos Count | 11 |
| Postal Code | N6E3B2 |
| Property Attached YN | Yes |
| Property Sub Type | Multi-family |
| Standard Status | Active |
| State Or Province | Ontario |
| Street Name | Ernest |
| Street Number | 1408 |
| Street Suffix | Avenue |
| Structure Type | Multi-Family |
| Tax Annual Amount | 49379.57 |
| Water Source | Municipal water |
| Zoning Description | R8-4 |
Listing courtesy of
Listing brokerage
PRIME REAL ESTATE BROKERAGE
302-200 VILLAGEWALK BOULEVARD, LONDON, Ontario
Listing agent
JUSTIN KONIKOW
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