435 Nelson Street, London East, ON Image 1

$8,200,000

$9,990,000
17.9% dropped

Last price change Feb 17

Investment For Sale
MLS - #X11963318
Mar 7- By PROMOVE REALTY BROKERAGE INC.

435 Nelson Street, London East, ON N6B 1A6

Bed
Bath
164763 Sqft.
Underground Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

164763 Sqft

About 435 Nelson Street

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!!

Home Overview

Last updated

Mar 7

Virtual tour

None

Basement information

Building size

164763

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
820000000.0%
Higher than average

Price Comparison

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Walk Score for 435 Nelson Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

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