Gurvinder Nokwal REALTOR®
For Sale Vacant Land 221 days on market

$5,000,000

Est. payment $22,139/moCalculate yours

611-629 Oxford Street E, London East, ON N5Y 3J2

East, London, ON N5Y 3J2

Map

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

Minimum for this price: $1,000,000 (20%)

Amortization, years

Estimated mortgage payment

$22,139 per month

Principal and interest
$22,139
Property tax
$2,490
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
Total, before legal fees
$1,111,475
Talk to me about financing

Estimates 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

611-629 Oxford Street E, London East, ON N5Y 3J2 East, London, ON N5Y 3J2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$5,000,000 611-629 Oxford Street E, London East, ON N5Y 3J2
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