Springbank Lux — pre-construction condo in London by AvranceCorp Developments
Selling Now
Condo
VIP Platinum Access

Springbank Lux London

New pre-construction condo by AvranceCorp Developments in London.

464 Springbank Dr, London
by AvranceCorp Developments
Occupancy TBD
Starting From
$500,000s
Bedrooms
Various
Bathrooms
Various
Size
Contact for Details
Occupancy
TBD
Overview

About Springbank Lux

Project highlights

Development
Springbank Lux
Developer
AvranceCorp Developments
Location
London — 464 Springbank Dr, London
Property type
Condo
Ownership
Condominium / Freehold
Sales status
Selling Now
Starting price
$500,000s
Occupancy
TBD

Springbank Lux is a new condo by AvranceCorp Developments in London. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.

Starting at $500,000s, Springbank Lux is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.

Welcome to the newest condominium coming soon to Located at , residents at Springbank Lux will find themselves perfectly situated just minutes from some of the areas most highly sought after amenities! Minutes from and so much more all while being surrounded with

Location

Why London works

London, Ontario

Springbank Lux sits at 464 Springbank Dr, London. Explore pre-construction homes in this growing GTA community. Get VIP access to new developments before public launch.

London keeps growing — new transit lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.

Why London is growing

  • More Jobs: Companies keep moving here, driving housing demand.
  • Better Transit: New subway, LRT and GO expansions in progress.
  • Strong Migration: Population growth keeps property values rising.
  • Infrastructure Investment: Schools, hospitals and amenities expanding.

About London

Discover why London is an ideal location for pre-construction investment

About London: A Growing Community in the GTA

London is a vibrant community in the Greater Toronto Area, offering excellent opportunities for pre-construction real estate investment. Located in London, Springbank Lux offers a perfect blend of urban convenience and suburban comfort.

Transit & Connectivity

London is well-connected to the rest of the GTA through GO Transit and major highways, providing convenient access to downtown Toronto and other employment centers.

Lifestyle & Amenities

Residents enjoy access to excellent schools, healthcare facilities, shopping centers, and recreational spaces.

Investment Potential & Growth

London has shown consistent growth in property values, making it an attractive market for real estate investors.

Excellent Transit

Well-connected to downtown Toronto and the GTA

Strong Growth

Consistent property value appreciation

Quality Living

Modern amenities and community infrastructure

Investment

Why pre-construction wins

Investment potential

Springbank Lux is priced below comparable resale homes in London. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.

Buy at today's price, own at tomorrow's value. The playbook that worked for thousands of GTA buyers since 2010.

Developer confidence

AvranceCorp Developments has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.

View AvranceCorp Developments profile & projects

Project data sheet

DeveloperAvranceCorp Developments
Address464 Springbank Dr, London Nearest
IntersectionSpringbank Dr & Hwy 4
PricingStarting From The $500s
OccupancyApril 30th, 2025 Storeys /
Suites9 Storeys / 186 Suites Suite
TypesOne Bedroom + Den – Three Bedroom + Office Suites Suite
Sizes563 sq ft – 1,221 sq ft Maintenance
FeesApprox. $0.48/sf (Includes Common Area Upkeep, Building Insurance, Management, Reserve Fund Landscaping and Garbage Removal // Hydro and Water Separately Metered) Deposit
Structure$10,000 on Signing // 5% Minus $10,000 in 30 Days // 2.5% in 90 Days // 2.5% in 120 Days // 5% in 365 Days // 5% on Occupancy Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($8,000 for One Bedroom // $12,000 for Two Bedroom & Larger), Free Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements Suite
FeaturesLaminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more Building
AmenitiesImpressive Soaring Lobby, Concierge, Heated Indoor Pool, Sauna, Party Room, Contemporary Fitness Studio, Cutting Edge Media Room, Library/Reading Lounge, 2 Guest Suites, Next Generation Smart Living
Buyer FAQ

Springbank Lux questions answered

What is the deposit structure for Springbank Lux?

The exact deposit schedule for Springbank Lux is set by AvranceCorp Developments and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for Springbank Lux's current deposit structure.

When is the occupancy date for Springbank Lux?

Occupancy for Springbank Lux has not been publicly confirmed by AvranceCorp Developments yet. Pre-construction projects in London typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.

Are assignment sales allowed at Springbank Lux?

Assignment policy is set project-by-project by AvranceCorp Developments. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for Springbank Lux.

What are the closing costs for Springbank Lux?

Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for Springbank Lux.

Is Springbank Lux a good investment?

Springbank Lux by AvranceCorp Developments is priced at $500,000s in London. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.

How do I buy Springbank Lux?

Register with PreconFactory for VIP Platinum access to Springbank Lux. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.

Who represents buyers at Springbank Lux?

PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on Springbank Lux and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.

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