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179 Meadowlily Road

London South, N6M 1C3·MLS® X13599354·

Listing courtesy of Shrine Realty Brokerage LTD.·Updated 4 hours ago

For sale
1 / 8
0Beds
0Baths
Sqft
Year Built

Listing price

$2,000,000

Est. $9,525/mo

Days on market

1

Listed Jul 23, 2026

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!

Property details

Type

Vacant Land — Other

AI property estimate

$512,500Below Market
$445,750$566,225

74% confidence · 40 sold homes within 2 km

Location & neighbourhood

South U

London South, ON

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 tax

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

Jul 23, 2026Listed
$2,000,000

Investment analysis

Est. monthly rent

$8,000

Rental yield

4.8%

Est. cash flow

-$4,359

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

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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AI estimate

$512,500

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Real Estate Agent

519-859-4579 · colinabbot@gmail.com

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