1408 Ernest Avenue, London South, Ontario N6E 3B2

Listed for:
$3,900,000
0 beds
0 baths
Listed 34 days ago
Multi-Family for rent: 1408 Ernest Avenue, London South, Ontario N6E 3B2

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About

Ernest and Jalna 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:27476)

Property Highlights

MLS® Number
X13556312
Type
Multi-family
Community Name
South X
Land Size
168 x 266 FT

Building

Building Type
Multi-Family
Square Footage
14773 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
No heat
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
PRIME REAL ESTATE BROKERAGE
MLS® number:
X13556312
Agent:
Justin Konikow
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