$13,900,000
For sale: Vacant Land

1269 Hyde Park Road presents a rare opportunity to acquire a fully approved, high-density mixed-use development site in one of London's most established and desirable neighbourhoods - Oakridge. Situated on approximately 3.2 acres with strong frontage along Hyde Park Road, the property is positioned within a high-income, supply-constrained submarket known for long-term residents, strong homeownership, and exceptional livability. The site has planning approval in place for a major mixed-use high-rise redevelopment consisting of two 15-storey residential towers totaling 502 units, anchored by an 8-storey mixed-use podium with live/work units fronting Hyde Park Road. The approved concept also includes a separate 2-storey commercial building permitted for restaurant, retail, and office uses, creating additional income potential and a strong mixed-use street presence. Parking is accommodated through a combination of underground and structured parking, with additional surface parking serving the standalone commercial component. A multi-use pathway along the north property boundary enhances connectivity and aligns with municipal active transportation objectives. With approvals in place, the site offers a materially de-risked entitlement profile and a clear path to execution. Located along a major arterial corridor, the property benefits from excellent access to London Transit Commission routes, major shopping nodes, schools, parks, professional services, and nearby regional connections to Highways 401 and 402. Its proximity to Western University, employment areas, and established amenities supports long-term rental demand and reinforces the site's appeal for large-scale urban intensification. Data room available upon request.
Sold data
Vacant Land homes in London North (North M) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 73, across 62 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 77 days.
The median sale price was $659,350.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 62 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London North (North M) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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