342 Thompson Road, London South
RARE GLEN CAIRN OPPORTUNITY! Set on an impressive 75' x 115' lot in the heart of Glen Cairn, this property offers an exciting opportunity for builders, investors, renovators, or buyers looking to create something truly their own. The existing home is not currently habitable and requires extensive renovation and repair, making this a property where the value lies in the possibilities.With R2-2 zoning, buyers are encouraged to explore the range of potential uses and development options available under the current zoning and applicable municipal requirements. Whether envisioning an extensive renovation, a complete rebuild, or a new-build project designed to take advantage of this ample lot, the possibilities are worth exploring. Enjoy the established Glen Cairn neighbourhood, with convenient access to schools, parks, shopping, transit, and many of London's amenities. Large lots like this are increasingly difficult to find! Bring your vision, creativity, and plans and unlock the potential of this exceptional piece of Glen Cairn real estate. Property and zoning to be purchased and sold in "as-is, where-is" condition. Buyer to conduct their own due diligence regarding zoning, permitted uses, development potential, building requirements and municipal approvals. (id:1945)
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Property details for 342 Thompson Road, London South
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 2
- Bathrooms
- 1
- Lot Size
- 75.1 x 118 FT
- Stories
- 1
- Basement
- Full
- Parking
- Detached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $2,682 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 342 Thompson Road
Active Listings
9
Min Price
$230,000
Max Price
$318,800
Avg Price
$286,478
Days on Market
62
days
Sold Listings
3
Min Sold Price
$239,000
Max Sold Price
$309,900
Avg Sold Price
$276,267
Days until Sold
81
days
Neighbourhood Census Data
London, Ontario
Population
287
Median Age
46.8
Median Income
$28,608
Dwelling Value
$169,368
Housing Tenure
Owners 70%
Renters 30%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,835.0/km²
Avg Shelter Cost: $726/mo
Owners with Mortgage: 50%
English only: 92.5%
English and French: 7.5%
Median Household Income: $47,744
Median Employment Income: $30,528
Price History
Listed
October 23, 2026
by THRIVE REALTY GROUP INC.
Current Price
$299,900
Type
Residential
For Sale