$5,000,000
Est. $23,424/mo mortgage
611-629 Oxford Street · London, N5Y 3J2
MLS® X12872750
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)
Schools nearbyclosest is Knollwood Park Public School, 860 m
Elementary
- 3.4
Knollwood Park Public School
860 m · Grades JK-8
Thames Valley District School Board
- 5.7
St Michael Separate School
860 m · Grades JK-8
London District Catholic School Board
- 4.2
East Carling Public School
1.0 km · Grades JK-8
Thames Valley District School Board
Secondary
- 5.3
H B Beal Secondary School
1.5 km · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
1.5 km · Grades 9-12
London District Catholic School Board
- 8.0
London Central Secondary School
1.5 km · Grades 9-12
Thames Valley District School Board
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 School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement.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
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
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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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.
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