$569,970
For sale: Vacant Land

This newly built modern freehold vacant land condo townhome is crafted by award-winning Lux Homes Design and Build Inc. and located in the desirable Riverbend Towns community in West London. This move-in-ready two-storey home features an open-concept main floor with oversized windows, nine-foot ceilings, and a contemporary kitchen with quartz countertops and sleek cabinetry. The bright and functional living and dining areas are ideal for everyday living and entertaining, with direct access to a private rear deck offering outdoor living space. The second level offers three spacious bedrooms, including a primary suite with a walk-in closet and four-piece ensuite, along with an additional full bathroom and convenient upper-level laundry. Finished with neutral modern selections, black plumbing fixtures, and thoughtful details throughout, this is an inside unit located in the final building of the development. Ideally situated close to highways, parks, trails, shopping, restaurants, golf courses, the YMCA, West 5, and highly regarded schools. Photos are of the builder's model home within the community. Purchase price reflects the 13% HST rebate, subject to Buyer qualification and assignment to the Seller.
Sold data
Vacant Land homes in London South (South B) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 68, across 65 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $649,900.
Homes sold for about 2.2% 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 65 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 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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