179 Meadowlily Road

South U, London South · MLS® X13599354

Land · Vacant Land · 93 days on market

listed by TINA KOTHARI, SHRINE REALTY BROKERAGE LTD.

realtor's 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: Land, Vacant Land
parking: 0
property tax: $2,496 / yr
days on market: 93
MLS®: X13599354

monthly cost

$8,922/mo

Mortgage $8,714 · Tax $208

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$8,714/ monthly

loan $1,600,000

25-year amortization

down payment20% · $400,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,014,142
cash to close: $400,000; down payment; transfer tax and fees not included
total paid: $2,614,142

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.