PROMOVE REALTY BROKERAGE INC.

$8,200,000

435 Nelson Street, London, Ontario

Property

MLS® Number: 40696572

Address: 435 Nelson Street

City: London

Lot Size: 249.0ft x 133.0ft

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 Sale History

Travel and Neighbourhood

Very Walkable

Location

James Kowalewski
James Kowalewski

Sales Representative

RE/MAX Escarpment

Contact James Kowalewski