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.
| MLS # | X12872750 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 238 |
| Listing Provided By | THRIVE REALTY GROUP INC. | X12872750 396202 |
| Acreage | 1.23 |
|---|---|
| Water Front | None |
| Tax Annual Amount | 29880.06 |
|---|---|
| Tax Legal Description | PART OF LOT 6, ALL OF LOTS 7, 8, 9, 10, 11, 12, 13 & 14 AND PART OF LANE (CLOSED BY ER230132 AND ER417868), PLAN 435(3RD), DESIGNATED AS PARTS 1, 2, 3, 4, 5 & 6, PLAN 33R21664; COUNTY OF MIDDLESEX SUBJECT TO AN EASEMENT OVER PART OF LANE (CLOSED BY ER230132 AND ER417868), PLAN 435(3RD), DESIGNATED AS PARTS 3, 4 AND 6, PLAN 33R21664 AS IN ER329639 SUBJECT TO AN EASEMENT OVER PART OF LOTS 6 AND 9, PLAN 435(3RD), DESIGNATED AS PARTS 2 AND 5, PLAN 33R21664 AS IN ER341953 CITY OF LONDON |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N5Y 3J2 |
| Area | East G |
| Listing VS Median (in N5Y 3J2) | |
Price: $5,000,000 low | high Med: $0 On site: 238 low | high Med: | |
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N5Y 3J2 |
| Area | East G |
| Listing VS Median (in N5Y 3J2) | |
Price: $5,000,000 low | high Med: $0 On site: 238 low | high Med: | |