$5,000,000
Est. payment $22,139/moCalculate yours
611-629 Oxford Street E, London East, ON N5Y 3J2
East, London, ON N5Y 3J2
Listing courtesy of THRIVE REALTY GROUP INC. MLS® X12872750
About this home
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.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- New
Lot & Parking
- Lot Size
- 394 x 136 Feet
- Zoning
- H-AC4
Financial
- Property Taxes
- $29,880 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Adelaide St. N.
- Direction Faces
- South
Listing
- MLS® Number
- X12872750
- Days on Market
- 221
- Listed On
- 2026-03-11
- Possession
- Flexible
- Listed By
- THRIVE REALTY GROUP INC.
Mortgage calculator
Estimated mortgage payment
$22,139 per month
- Principal and interest
- $22,139
- Property tax
- $2,490
- Condo fees
- $0
- Estimated monthly cost
- $24,629
Your mortgage
- Mortgage amount
- $4,000,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,641,675
Cash to close
- Down payment
- $1,000,000
- Land transfer tax
- $111,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,111,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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