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324 YORK Street

324 YORK Street

London East, ON

  • 0.37 sqft
  • Land
  • 908 days on market
$6,500,000

DEVELOPMENT opportunity in Downtown London. This 0.37-acre parcel of land is located within the city's core beside the convention centre and footsteps from the train station and all major amenities. The property's highest and best use is a mixed-use development. Please refer to the concept plan in photos showing the potential for 216 units, in the interim income can be obtained from parking and advertising. The property is within the downtown Development Charge exemption zone for multi-family development. Seize this rare opportunity to put your mark on one of London's A+ locations.

Listing Details

Taxes (2023)
$38,415
Listed
March 7, 2024

Price History

Utilities

Sewer
Sanitary Available

Location & Legal

Cross Street
York St. and Wellington St.
Zoning
DA1(1), DA1(3)
Parcel Number
083180043
Occupancy
Tenant

Community

Postal area N6B

Population
11,101
Private dwellings
7,181
Median age
38
Average household size
1.6
Median household income
$49,200

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

Commercial in London East · last 12 months

Median sold price
$461,500
Homes sold
1,311
Median days on market
24
Sale-to-list price
97.0%

Based on 1,311 recorded sales of commercial properties in London East over the last 12 months.

Listed by

CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$38,415

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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