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Type: Investment
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Property Type: Commercial
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Zoning: MULTI-RES
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Age: No Data
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MLS®#: X11963318
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Days on Site: 10 Days
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Added: Feb 07, 2025 (2 weeks ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: Promove Realty Brokerage Inc...
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!!
Property
Status: Sale
Property Type: Investment
Property Type: Apartment
Area: London
Community: East K
Availability Date: OTHER
Inside
Air Conditioning: Y
Utilities
Utilities: No
Building
Heat Type: Other
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: Underground
Fees
Tax Year: 2025
Taxes Type: Annual
Land
Cross Street: COLBORNE STREET
Municipality District: London
Parcel Number: 083300025
Lot Depth: 249 Feet
Lot Frontage: 133 Feet
Zoning: MULTI-RES
Commercial Specific
Total Area: 164763
Total Area Metric: Sq Ft
Lot Code: Lot
Holy Rosary Separate School
Elementary: CatholicAberdeen Public School
Elementary: PublicSt Mary School
Elementary: CatholicTecumseh Public School
Elementary: PublicSt. John French Immersion School
Elementary: CatholicPrincess Elizabeth Public School
Elementary: PublicG A Wheable Secondary School
Secondary: PublicB Davison Secondary School Secondary School
Secondary: PublicLondon South Collegiate Institute
Secondary: PublicLondon Central Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public
