584 Commissioners Road
London South, N6K 1B7·MLS® X13168694·
Listing courtesy of Thrive Realty Group INC.·Updated May 25
Listing price
$1,950,000
Est. $9,287/mo
Days on market
Listed May 25, 2026
Description
Prime Development Opportunity in Sought-After West London! Unlock the potential of this exceptional nearly 1-acre development site, perfectly positioned just steps from the vibrant intersection of Commissioners Rd West and Wonderland Road. This near shovel-ready property comes with a proposed plan for a modern stacked townhome community, featuring 26 stylish units across two architecturally designed buildings. Whether you're a seasoned builder or a savvy investor, this is your chance to break ground in one of London's most desirable neighbourhoods. Surrounded by top-tier amenities, shopping, dining, and convenient transit options, this A+ location promises strong market appeal and future growth. Don't miss this rare opportunity to bring a visionary residential project to life in a high-demand area.
Property details
Type
Vacant Land — Other
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$35,475
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Market conditions · South M
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$7,800
Rental yield
4.8%
Est. cash flow
-$4,256
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$452,094
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,852,500
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