$734,900
For sale: Vacant Land

Prime vacant land opportunity in desirable Byron at 338 Boler Road, ideally located next to the shopping centre at Commissioners Road West and Boler Road. Zoned R3-1(18), the property is currently planned for a four-unit development, with plans prepared and much of the preliminary legwork already completed. The site may also offer potential for a 5+ unit project, subject to buyer due diligence and required approvals. An excellent opportunity for builders, developers or investors looking for a well-located infill site in an established neighbourhood. Additional potential may exist by combining this parcel with adjacent property at 330 Glenrose Drive to create a larger development opportunity.
Sold data
Homes in South B took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 54, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $617,699.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 41 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South B) 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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