Attention developers, investors, flippers, and renovation enthusiasts419 Ronald Street in London presents a rare and exciting opportunity with major value already unlocked. This generous 50 x 130.33 ft lot has been successfully rezoned by the City of London for Triplex use (three legal dwelling units), with the potential for a future legal fourth unit in the basement. All the heavy lifting has been done: Architectural, Plumbing, Structural, and Mechanical drawings have been approved, permits have been issued, and the property already features three separate entrances, ideal for a multi-unit layout. City-approved plans allow for a 5+2 bedroom, 3-bathroom configuration across the triplex, offering excellent cash flow potential once complete. Whether you're looking to renovate and hold, flip for profit, or add to your portfolio, this project is primed and ready for execution. Estimates of $5,800 in cashflow expected from the 3 units making for a great investment. Located minutes from Fanshawe College, Argyle Mall, Downtown London, public transit, shopping, and with quick access to Highway 401, the location offers unbeatable connectivity and tenant demand. Property is being sold AS IS with all approved permits and plans in place to take advantage of this fully prepped development opportunity.
Pending
C$419,000
419 Ronald St, London, ON N5W 5B8
3beds
2baths
Single Family Residence
Built in ----
6,516.5 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 9 days
- on Zillow |
- 50 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: April 22, 2025 at 08:55am
Listed by:
RARE REAL ESTATE
Source: TRREB,MLS®#: X12086994
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Other
- Basement: Full,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 1500-2000 null
Property
Parking
- Total spaces: 4
- Parking features: Private
- Has garage: Yes
Features
- Stories: 1.5
- Patio & porch: Porch
- Exterior features: Privacy, Recreational Area
- Has private pool: Yes
- Pool features: In Ground
Lot
- Size: 6,516.5 Square Feet
- Topography: Dry
Details
- Parcel number: 081100105
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: London
Financial & listing details
- Annual tax amount: C$2,721
- Date on market: 4/16/2025
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