6
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$8,200,000
Est. payment /mo
164,763 SqFt
Active
435 Nelson ST London, ON N6B 1A6
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 164,763 sqft
Price per Sqft $49
Subdivision East K
MLS Listing ID X11963318
Annual Tax Amount $38,742
Tax Year 2025
Property Sub-Type Investment
Property Description
Rare SoHo Development Opportunity - Perfect for Investors & Developers. 12-Storey 219-Unit apartment building in a mix of modern suite configurations with spectacular views, green roof spaces & indoor/outdoor amenity areas. This opportunity would entail a 2 parcel amalgamation (with a 23 UNIT building + a 4 UNIT building). It's located across the road form park lands, adjacent to the river & is set within Londons SoHo District. Londons Community Improvement Plan for the SoHo district is a strategic initiative designed to foster development of the neighbourhood streets, shopping areas & connections to the Downtown, Old South and Thames River. Public infrastructure investment & the facilitation of private development is paramount to the mandate of this Community Improvement Plan. Worthy of consideration is the conduciveness of the site to potential funding options from various levels of government (Development Charges Exception/Dollars to Doors/Urban Accelerator Fund etc). In other words, this parcel is in the Goldilocks zone & you have a ground floor opportunity to make an excellent investment + the SELLER IS MOTIVATED!!
Location
Province ON
County Middlesex
Community East K
Area Middlesex
Zoning MULTI-RES
Interior
Cooling Yes
Exterior
Utilities Available None
Lot Frontage 133.0
Lot Depth 249.0
Listed by PROMOVE REALTY BROKERAGE INC.