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611-629 Oxford Street

611-629 Oxford Street

London East, ON

  • Vacant Land
  • 187 days on market
$5,000,000

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.

Listing Details

Taxes (2025)
$29,880
Listed
March 11, 2026

Price History

Property

Lot Size
394 x 136 Feet

Location & Legal

Cross Street
Adelaide St. N.
Zoning
H-AC4
Parcel Number
082790386
Possession
Flexible
Occupancy
Tenant

Schools

Elementary

  • St Michael Separate School0.9 km

    Catholic · London District Catholic School Board · 425 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Knollwood Park Public School0.9 km

    Public · Thames Valley DSB · 340 students

    Grade 3 reading: 53% met the provincial standard · Grade 6 math: 38% met the provincial standard

  • East Carling Public School1 km

    Public · Thames Valley DSB · 570 students

    Grade 3 reading: 39% met the provincial standard · Grade 6 math: 46% met the provincial standard

Secondary

  • H B Beal Secondary School1.5 km

    Public · Thames Valley DSB · 1525 students

    Grade 10 literacy: 79% met the provincial standard

  • Catholic Central High School1.5 km

    Catholic · London District Catholic School Board · 1310 students

    Grade 10 literacy: 89% met the provincial standard

  • London Central Secondary School1.5 km

    Public · Thames Valley DSB · 955 students

    Grade 10 literacy: 91% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N5Y

Population
35,934
Private dwellings
16,194
Median age
35.6
Average household size
2.3
Median household income
$63,600

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in London East · last 12 months

Median sold price
$462,500
Homes sold
1,325
Median days on market
25
Sale-to-list price
97.0%

Based on 1,325 recorded sales of residential freehold properties in London East over the last 12 months.

Listed by

THRIVE REALTY GROUP INC.

Walk Score

68

Walk

58

Transit

64

Bike

Scores by Walk Score®

Mortgage Calculator

$1,000,000

Estimated Monthly Payment

$24,563

Land transfer tax

Estimated land transfer tax$111,475

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $24,563/mo (20% down, 5.5%)

Taxes: $2,490/mo · Insurance: $1,250/mo

Estimates only. Consult a financial advisor.

R

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