For Sale: 1408 Ernest Avenue, London, ON - REW
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$3,900,000
0 bd • ba • 14773 sf • Multifamily
1408 Ernest Avenue
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$3,900,000
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1408 Ernest AvenueLondon, ON, N6E 3B2

White Oaks
  • 0 Bed
  • Bath
  • 14773 Sqft
  • Multifamily

About this home

An exceptional 1.029-acre infill development site in London's White Oaks neighbourhood, recently re-zoned Residential R8-4, and approved for a wide range of medium-density residential uses including stacked townhouses, low-rise apartments, and converted dwellings.The property features an existing vacant two-storey commercial structure, approved for conversion into an 18-unit residential apartment building (44 units per hectare) with a flexible mix of 1-bedroom, 1+den, and 2-bedroom layouts.Approx. 12,950 ft 2 of existing building space and 64 on-site parking stalls-with access via a shared private laneway-support a streamlined, low-cost redevelopment path. No Site Plan Control is required for the current approved conversion, reducing timeline and permitting barriers.Strategically located near transit, shopping, parks, schools, and employment hubs, this site offers strong tenant appeal and long-term upside in a corridor targeted for growth. Positioned between an established residential area and a neighbourhood commercial node, the site delivers natural transition, walkability, and policy-aligned density. (id:63626)
Listed by: JUSTIN KONIKOW, Salesperson, PRIME REAL ESTATE BROKERAGE

Home facts and features

Price details
List Price
$3,900,000
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Gross Taxes for 2026
$49,380
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
266 feet
Frontage
168.0 feet
Heating Type
Forced air, Natural gas
Cooling
Fully air conditioned
Community
Agent details
Primary Agent
JUSTIN KONIKOW
Primary Broker
PRIME REAL ESTATE BROKERAGE
Secondary Agent
Roger Horvath
Secondary Broker
PRIME REAL ESTATE BROKERAGE
Listing details
Days on REW
103 Days
Property Views
42
MLS® Number
X12828178
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Property Insights

St Anthony Catholic French Immersion School
  • Catholic
  • JK - 8
White Oaks Public School
  • Public
  • JK - 8
Rick Hansen Public School
  • Public
  • JK - 8
Sir Arthur Carty School
  • Catholic
  • JK - 8
Ashley Oaks Public School
  • Public
  • JK - 8
Cleardale Public School
  • Public
  • JK - 8
Nicholas Wilson Public School
  • Public
  • JK - 8
Sir George Etienne Cartier Public School
  • Public
  • JK - 8
Sir Isaac Brock Public School
  • Public
  • JK - 8
Wilton Grove Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
JUSTIN KONIKOW
Phone:
519-860-6547
Cell:
519-473-9992
Office:
519-473-9992
Salesperson
Roger Horvath
Phone:
416-564-1979
Cell:
416-564-1979
Office:
519-473-9992
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