South V · N6P 1B6
$699,900
$46 / sq ft1 months on market
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Prime commercial development opportunity in the heart of Lambeth. This 0.35-acre BDC-zoned site permits drive-through facilities, making it ideal for a restaurant, café, personal service business, medical use, or professional office. Situated along Colonel Talbot Road with approximately 15,000 vehicles passing daily, the property offers exceptional visibility and exposure. Located at the entrance to the Lambeth Health & Wellness Centre, the site benefits from hundreds of daily patients, visitors, and employees, while a new single story seniors residential development immediately behind the property will continue to drive traffic and demand to the area. A Phase I Environmental Site Assessment has been completed, with no Phase II ESA required. The sellers can also be contracted separately to provide design and construction services, offering purchasers the option of a streamlined development process. An outstanding opportunity for developers, investors, or owner-users to establish a presence in one of southwest London's fastest-growing commercial nodes.
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This home is priced in line with comparable listings — about 47% of comparable vacant land listings in London South are asking less.
Based on 19 comparable active vacant land listings in London South. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $699,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of THRIVE REALTY GROUP INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.