TORONTO, ONTARIO – DECEMBER 20, 2021 – AvranceCorp Developments, has announced its latest residential development, Springbank Lux, a nine-storey boutique condominium and townhome community located at 464 Springbank Drive in London, Ontario.
Set in the heart of London’s rapidly expanding west end, Springbank Lux will deliver a carefully curated mix of approximately 175 condominium suites, 11 luxury townhomes, and four ground-floor commercial units, blending urban convenience with contemporary design and riverside tranquility.
Construction is scheduled to begin in Spring 2026, with occupancy anticipated in 2028.
“Springbank Lux represents our commitment to creating thoughtfully designed communities that bring together architecture, livability, and long-term value,” AvranceCorp Developments CEO and founder Samuel Babarinde explained. “London is a city on the rise, and this project is a defining step in our expansion across Ontario’s high-growth urban markets.”
Each residence at Springbank Lux has been designed with modern living in mind — offering spacious open-concept layouts, premium finishes, floor-to-ceiling windows, and private balconies that take full advantage of the area’s natural beauty. Amenities are expected to include a fitness centre, indoor pool, lounge and entertainment areas, landscaped courtyards, and concierge service, establishing a new benchmark for boutique living in London.
Located just minutes from downtown London, the Thames River, and major transit corridors, Springbank Lux is ideally positioned to offer residents both serenity and connectivity. The project appeals to a broad range of homebuyers — from professionals and young families to investors seeking strong long-term growth potential in one of Ontario’s most dynamic housing markets.
“Springbank Lux is designed to reflect AvranceCorp’s ‘concept-to-creation’ philosophy — integrating every phase of development under one vision to ensure excellence, efficiency, and sustainability,” Babarinde added. “This development will be a cornerstone in London’s continued urban evolution.”
AvranceCorp is currently engaging with pre-construction investors and strategic partners as part of its development rollout. Early response to the project has been highly positive, with significant interest from both end-users and investors drawn to London’s strong economic fundamentals and the project’s boutique scale.
About AvranceCorp Developments
AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.
Media Contact
Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888