435 Nelson Street Active

London,ON N6B 1A6

$ 8200000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40696572

Originating Board Waterloo Region

Lot Size 0.760 Acres

Acres 0.76

Property Sub-Type Residential

Property 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!!

Location

Province ON

County Middlesex

Area East

Zoning R3-1

Direction Nelson & Colborne Street

Rooms

Other Rooms Other

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Lot Frontage 133.0

Lot Depth 249.0

Garage No

Building

Lot Description Urban,Ample Parking,City Lot,Public Transit

Faces Nelson & Colborne Street

Sewer Sewer (Municipal)

Water Municipal-Metered

New Construction No

Others

Senior Community false

Tax ID 083300025

Ownership Freehold/None

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