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Home ON Greater London London Central London
435 NELSON Street
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435 NELSON Street $8,200,000
$8,200,000
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435 NELSON Street
London, Ontario N6B1A6

MLS® Number: 40696572

Listing 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!! (68589805)

Location Description

Nelson & Colborne Street

Property Summary

Property Type
Vacant Land
Subdivision Name
East K
Title
Freehold
Land Size
0.76 ac|1/2 - 1.99 acres
Annual Property Taxes
$0
Time on REALTOR.ca
47 days

Building

Interior Features
Basement Type
None
Building Features
Total Units
0
Utilities
Utility Type
Electricity (Available), Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Land

Lot Features
Frontage
133 ft
Land Depth
249 ft
Other Property Information
Zoning Description
R3-1
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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