435 Nelson Street London, ON N6B 1A6
Listing Courtesy of:  CREA / Promove Realty Brokerage Inc.

  435 Nelson Street London, ON N6B 1A6

Active (13 Days)
$8,200,000
0.76
ACRES
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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 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:41440)

MLS®:
40696572
Lot Size
0.76 acres
Type
Land
County
Middlesex County

Listed By

Corey Rivers, Promove Realty Brokerage Inc.
Source
CREA
Last checked Feb 21 2025 at 9:49 PM EST
Bathroom Details
Subdivision
  • East K
Utility Information
  • Sewer: Municipal Sewage System
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 17, 2025
Price Changed
$8,200,000
-18%
-1,790,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 2/21/25 13:49

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