611-629 OXFORD STREET E London East (East G), Ontario

$5,000,000

Description

Strategically positioned at the southeast corner of Oxford Street East and Adelaide Street North, this high-profile land assembly offers outstanding exposure along two of London's most prominent arterial corridors. The site totals approximately 2.08 acres and features 41.4 metres (135.7 ft) of frontage along Adelaide Street North and 120.1 metres (394.1 ft) along Oxford Street East, providing exceptional visibility, access, and long-term development potential. Positioned for future high-density residential and commercial development, the opportunity presented by this land assembly is significant. The property is currently improved with a mix of residential and commercial uses, including two single-detached dwellings and an existing commercial building along the Adelaide Street North frontage, along with ten single-detached dwellings along Oxford Street East. The existing structures generate steady holding income, offering investors and developers the ability to secure a prominent corner assembly while benefiting from interim cash flow. Opportunities of this scale and visibility along major London corridors are increasingly rare, making this a compelling acquisition for those seeking a strategic redevelopment site in a rapidly evolving urban location. (id:24493) MLS® #X12872750

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About Carling

The character of Carling is exemplified by its slower-paced ambience. This area is very good for those who like a quiet atmosphere, as there are low levels of noise from traffic. Finally, reaching public green spaces, including Stoneybrook Recreation Field and Stoney Creek Meadows, is easy from a large number of locations within the neighbourhood since there are approximately 40 of them close by for residents to relax in.

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Getting around

  • Walk score

    6

    Most day-to-day needs are within walking distance

  • Transit score

    6

    Walking distance to rapid transit and frequent bus lines

  • Bike score

    7

    Suitable for bicycle commuting and/or recreational cycling

This information is provided by a third party data source. Kijiji is not responsible for the accuracy of this information.

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$5,000,000

611-629 OXFORD STREET E London East (East G), Ontario






















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