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For sale
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$995,000

Est. $4,661/mo mortgage

0bd·0ba

459 Hale Street · London East, N5W 1G6

MLS® X12802548

216 days on market216 days on market

Listed Feb 19, 2026

Listing courtesy of Royal Lepage Triland Realty·Updated Jun 11

Description

Prime Infill Development Opportunity situated less than 10 mins from Fanshawe College! Attention developers and builders - This parcel is zoned R6-5(114) with approved plans for 10 unit towns(seller has plans and site-plan) and further giving you a multitude of options such as single, semi detached, duplex, triplex townhouse dwellings. This prime lot offers exceptional potential for residential infill medium-density housing options (subject to approvals). Located just steps from schools, parks, shopping, and essential amenities and major bus routes.

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Property details

Building & lot

Type
Vacant Land, Other
Lot size
< .50 acres
Water & sewer
Sewer

Parking

Driveway
Other

Location & neighbourhood

Directions
Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $5,718/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,661
Property tax$599
Insurance (est.)$207
Utilities (est.)$250
Total monthly$5,718
Land transfer tax$16,375 on closing

Ontario LTT

$16,375

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$995,000

Listed Feb 19, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Affordabilityneeds $240,000 household income

Minimum household income required

$240,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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