$5,000,000
Est. payment /mo
Active
611-629 OXFORD STREET E London East (east G), ON N5Y3J2
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision East G
MLS® Listing ID X12872750
Property Description
Strategically positioned at the southeast corner of Oxford Street East and Adelaide Street North, this high-profile land assembly offers outstanding exposure along two of London's most prominent arterial corridors. The site totals approximately 2.08 acres and features 41.4 metres (135.7 ft) of frontage along Adelaide Street North and 120.1 metres (394.1 ft) along Oxford Street East, providing exceptional visibility, access, and long-term development potential. Positioned for future high-density residential and commercial development, the opportunity presented by this land assembly is significant. The property is currently improved with a mix of residential and commercial uses, including two single-detached dwellings and an existing commercial building along the Adelaide Street North frontage, along with ten single-detached dwellings along Oxford Street East. The existing structures generate steady holding income, offering investors and developers the ability to secure a prominent corner assembly while benefiting from interim cash flow. Opportunities of this scale and visibility along major London corridors are increasingly rare, making this a compelling acquisition for those seeking a strategic redevelopment site in a rapidly evolving urban location. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by THRIVE REALTY GROUP INC.
NEARBY SCHOOL & BUSINESS
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