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Investment Highlights

  • Located across from RBC Place Convention Centre and moments from VIA Rail Station, ensuring unmatched regional connectivity.
  • Site includes 500 surface parking spaces, presenting interim income from parking and advertising.
  • Concept plan demonstrates capacity for approximately 1,380 residential units complemented by retail space.
  • Positioned within a Development Charge exemption zone (subject to city confirmation), enhancing pro forma economics.

Executive Summary

This 4.3-acre development site is positioned in the heart of Downtown London, Ontario, directly across from the RBC Place Convention Centre and within walking distance of the VIA Rail Station and key city amenities. The property is zoned DA2 and sits within a designated Development Charge exemption zone for multi-family projects, subject to city verification. Its prime urban core location supports high-density, mixed-use development, and a concept plan indicates potential for up to 1,380 residential units with ground-floor retail opportunities. Interim income streams from existing parking and signage add holding value. The site benefits from robust connectivity via major roadways, proximity to cultural venues and institutional anchors such as Western University and University Hospital, reinforcing its appeal for an impactful redevelopment in a thriving metropolitan setting.

Property Facts

Price $29,767,041 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Planned Unit Development
Total Lot Size 4.30 AC
Zoning Da2, D350, h-1, h-3

1 Lot Available

Lot

Price $29,767,041 USD
Price Per AC $6,922,567.57 USD
Lot Size 4.30 AC

Description

301 York Street in London comprises approximately 4.3 acres of contiguous land within the city’s downtown core. The parcel is across from the convention center and near the VIA Rail Station. Zoning is DA2 per municipal designation. Based on available reports, municipal taxes for 2023 total CAD $378,504.22. Rough capacity estimates suggest 500 parking spaces on site. The property lies within the area identified for potential multi-family development incentives, subject to local authority confirmation.

Fairly walkable
50/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
  • Listing ID: 41144535

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 301 York St, London, ON N6B 3R4

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