225 Greenwood Avenue
London South, N6J 3G5·MLS® X13420002·
Listing courtesy of Century 21 First Canadian Corp·Updated 3 days ago
Listing price
$999,000
Est. $4,758/mo
Days on market
Listed Jun 9, 2026
Description
VACANT LAND .609 of an acre in the heart of London. Zoning is R5-7(7). Multiple ARN's 393607019101700 & 393607019101600. R5 Zone provides for and regulates medium density residential development in the form of cluster townhouse.
Property details
Basement
None
Type
Vacant Land — Other
Heating
Other
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$16,455
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 D
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
$3,996
Rental yield
4.8%
Est. cash flow
-$2,302
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$236,183
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$959,040
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