152 Adelaide Street North, London East (East L), Ontario, N6B3G8
This lot in London East is for sale offering roughly 5,200 sq ft of space. It has been on the market 30 days, fresher than the London East average of 73 days.
Exceptional development opportunity in the heart of Downtown London! 150 Adelaide St N,together with adjacent 152 Adelaide St N, offers over 10,000 sq. ft. of prime commercial land with flexible zoning permitting a wide range of uses. Ideal for a boutique 2-storey commercial plaza, medical/professional office building with basement parking, car wash and coin laundry combination, retail uses, service commercial operations, and many other permitted commercial developments. Strategically located in a rapidly growing, high-density urban corridor surrounded by numerous high-rise residential buildings, established businesses, and strong pedestrian and vehicle traffic. Excellent exposure, convenient access to major transit routes,and a large local customer base make this a rare investment and development opportunity. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, and development potential. Both lots can be sold together or separately. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 73 days across the listings currently for sale in this city
This vacant land in London East (East L) has been listed for 30 days, which is 43 days fresher than the city average of 73. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $374,900, about 7.6× the local median household income of $49,200.
Carrying it typically needs a household income of about $73,231 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6B)
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