Shovel Ready for 36 townhome units. 475 Grey Street, London, ON Royal LePage Commercial & REC Commercial present a prime residential development opportunity in London, Ontario. This 0.927-acre (0.375-hectare) serviced site is zoned R8-4, allowing for apartment buildings, stacked townhomes, senior housing, and more. Positioned at the corner of Grey Street and Maitland Street, this location offers excellent potential for multi-unit residential development.