$5,000,000
Est. $23,424/mo mortgage
611-629 Oxford Street · London East, N5Y 3J2
MLS® X12872750
Listed Mar 11, 2026
Listing courtesy of Thrive Realty Group INC.·Updated Mar 13
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.
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Building & lot
- Type
- Vacant Land, Other
- Lot size
- 394 × 136 ft · 2-4.99 acres
Fees & taxes
- Property tax
- $29,880/yr (2025)
Location & neighbourhood
DirectionsLondon East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly paymentest. $27,728/mo all in
Monthly payment estimate
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
Listed Mar 11, 2026
Affordabilityneeds $1,185,000 household income
Minimum household income required
$1,185,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Ask Colin →Similar Listings
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
Message Colin about this home
By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.
Get notified about similar homes
New vacant land listings in East G.
