435 Nelson Street London, Ontario N6B 1A6
$8,200,000
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 2 parcel amalgamation (currently with a 23 UNIT building + a 4 UNIT building) is exceptional. Its 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!! (id:12481)
Property Details
| MLS® Number | 40696572 |
| Property Type | Vacant Land |
| AmenitiesNearBy | Public Transit |
Building
| BasementType | None |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Municipal Sewage System |
| SizeDepth | 249 Ft |
| SizeFrontage | 133 Ft |
| SizeIrregular | 0.76 |
| SizeTotal | 0.76 Ac|1/2 - 1.99 Acres |
| SizeTotalText | 0.76 Ac|1/2 - 1.99 Acres |
| ZoningDescription | R3-1 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/27893233/435-nelson-street-london
Contact Us
Get in touch with us for more information!
Phil Spoelstra
Broker of Record
(519) 667-1958
www.farmontario.com
34 Grandview Crescent
London, Ontario N6K 2Y2
Ron Steenbergen
Broker
(519) 667-1958
www.farmontario.com/
675 Adelaide Street North
London, Ontario N5Y 2L4
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February 17 2025 10:34:03
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