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:40058)
Property Details
| MLS® Number | 40696572 |
| Property Type | Vacant Land |
| Amenities Near By | Public Transit |
Building
| Basement Type | None |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Municipal Sewage System |
| Size Depth | 249 Ft |
| Size Frontage | 133 Ft |
| Size Irregular | 0.76 |
| Size Total | 0.76 Ac|1/2 - 1.99 Acres |
| Size Total Text | 0.76 Ac|1/2 - 1.99 Acres |
| Zoning Description | R3-1 |
Utilities
| Electricity | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/27893233/435-nelson-street-london
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February 17 2025 10:34:03
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