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179 Meadowlily Road

London South, N6M 1C3·MLS® X13599354

Listing courtesy of Shrine Realty Brokerage LTD.·Updated Jul 23

Listing price

$2,000,000

Est. $9,525/mo

Days on market

47

Listed Jul 23, 2026

For sale
1 / 8
0bd·0ba

Description

Seize this incredible investment opportunity in a highly desirable location in South East London, near the intersection of Commissioners Rd E and Meadowlily. This prime 1.5-acre property offers immense potential for future development, with plans to accommodate 21 luxury condominiums a rare find in this growing area. Strategically located just 5 minutes from Highway 401, it provides easy access for commuters, while being only 15 minutes from major shopping centers and downtown London, offering convenience to retail, dining, and entertainment. With rapid growth and increasing demand in the area, this is a valuable asset with strong future potential. Don't miss out on this fantastic opportunity, contact us today for more details!

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Property details

Type
Vacant Land, Other
Lot size
384.88 × 152.69 ft · .50-1.99 acres
Water & sewer
None
Property tax
$2,496/yr (2025)

Location & neighbourhood

London South

London South, ON

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$9,525
Property tax$2,167
Insurance (est.)$417
Utilities (est.)$250
Total monthly$12,359
Land transfer taxOne-time, on closing

Ontario LTT

$36,475

First-time rebate

$4,000

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

Price & listing history

Listed 7 times · asking price down 18% from the first ask

$2,000,000

Listed Jul 23, 2026

On the market
$2,000,000

Listed Jul 23, 2026

On the market
$2,000,000

Listed Mar 11, 2026 · 133 days on market

Taken off the market

Jul 22, 2026

$2,000,000

Listed Mar 11, 2026 · 131 days on market

Listing expired

Jul 20, 2026

$2,000,000

Listed Nov 4, 2025 · 121 days on market

Listing expired

Mar 5, 2026

$2,000,000 18%

Listed Nov 4, 2025 · 123 days on market

Taken off the market

Mar 7, 2026

$2,450,000

Listed Mar 24, 2025 · 129 days on market

Listing expired

Jul 31, 2025

637 days on the market in total across 7 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

AffordabilityWhat income this home needs

Minimum household income required

$463,468

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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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