$3,900,000
FOR SALE

Multiplex

Lot: 168 x 266 ft

1408 Ernest Avenue
London South (South X), ON N6E 3B2

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. (id:47421)
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Listed By PRIME REAL ESTATE Brokerage
Data Provided By London and St. Thomas Association of REALTORS®
MLS® Listing Number X12828178
Last Updated Feb 27, 2026
Property Summary
Property Type Multiplex

More like this:
Use Apartments
Community South X
Price History

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Detailed Information
Lot 168 x 266 ft
Features Elevator
Listing Contract Date 2026-02-27
Location Description Ernest and Jalna
Property Type Multi-family
Transaction Type For sale
Zoning Description R8-4
Business
Business Type Residential
Business Subtype Apartments
Building
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Forced air
Type Multi-Family
Utility Water Municipal water
Land
Total Size 168 x 266 FT
Size of Irregular Land 168 x 266 FT

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