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For sale

$5,000,000

Est. $23,424/mo mortgage

0ba

611-629 Oxford Street · London, N5Y 3J2

MLS® X12872750

239 days on market239 days on market

Listed Mar 11, 2026

Listing courtesy of Thrive Realty Group INC.·Listing last changed Mar 13

Key facts

Property type
Vacant Land
Lot size
394 × 136 ft
Property tax
$29,880/yr (2025)

Description

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.

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Property details

Building & lot

Type
Vacant Land, Other
Lot size
394 × 136 ft

Fees & taxes

Property tax
$29,880/yr (2025)

Location & neighbourhood

Directions
Old East Village →

London East, ON

Arts district with walkable streets and character homes.

Schools nearbyclosest is Knollwood Park Public School, 860 m

Elementary

  • Knollwood Park Public School

    860 m · Grades JK-8

    Thames Valley District School Board

    3.4
  • St Michael Separate School

    860 m · Grades JK-8

    London District Catholic School Board

    5.7
  • East Carling Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    4.2

Secondary

  • H B Beal Secondary School

    1.5 km · Grades 9-12

    Thames Valley District School Board

    5.3
  • Catholic Central High School

    1.5 km · Grades 9-12

    London District Catholic School Board

    5.7
  • London Central Secondary School

    1.5 km · Grades 9-12

    Thames Valley District School Board

    8.0

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $27,206/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$23,424
Property tax$2,490
Insurance (est.)$1,042
Utilities (est.)$250
Total monthly$27,206
Land transfer tax$111,475 on closing

Ontario LTT

$111,475

First-time rebate

−$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Mar 11, 2026Listed
$5,000,000
Affordabilityneeds $1,156,000 household income

Minimum household income required

$1,156,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Call Colin at (226) 212-5099 or text

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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