The Shoreline by Sharen Realty Brokerage
Trish Sharen-Bray
Broker of Record
Bob Sharen
Owner

Property Details

435 NELSON Street, London, Ontario, N6B1A6

435 NELSON Street, London, Ontario, N6B1A6 (ID 40238506)
Representative
Bob Sharen and Trish Sharen-Bray
Owner & Broker of Record
The Shoreline by Sharen Realty Brokerage
Tel: 519-238-2303
Toll free: 888-329-7520

$4,715,000 - For sale

ID#:40238506

Rare opportunity to acquire a value-add 23-unit apartment building in the fastest growing city in Ontario, and within SoHo, a neighbourhood undergoing rapid intensification and gentrification. Located next to the new 1200+unit developments on the previous Victoria Hospital lands, just south of the downtown core, abutting the Thames River, and across the street from Meredith Park, this building is ripe for repositioning. Estimated 59% upside from the current rent roll to top market rents. The building consists of 23 1-bedroom units in a purpose-built 3-storey walkup. Hydro is separately metered but currently included in rent representing the potential for significant cost savings. (id:2471)

Location DescriptionGPS

Property Details
  • Property Address:435 NELSON Street, London, Ontario, N6B1A6
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:0.618
  • Acreage:0.618 ac|1/2 - 1.99 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Parking Space Total:23
Structure Details for 435 NELSON Street, London, Ontario, N6B1A6
  • Bedrooms:23
  • Bathrooms:23
  • Floor Space:18000
  • Heating Type:Baseboard heaters, Radiant heat, Hot water radiator heat
  • Storeys:3
  • Basement Type:None
  • Foundation Type:Block
  • Cooling Type:None
  • Exterior Type:Brick
Amenities for 435 NELSON Street, London, Ontario, N6B1A6 Corner Site, Conservation/green belt, Shared Driveway, Laundry- Coin operated
  • Amenities Nearby:Public Transit
Representative
Bob Sharen and Trish Sharen-Bray
Owner & Broker of Record
The Shoreline by Sharen Realty Brokerage
Tel: 519-238-2303
Tollfree: 888-329-7520
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435 NELSON Street, London, Ontario, N6B1A6

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