Skip to content
For sale

$5,000,000

Est. $23,424/mo mortgage

0bd·0ba

611-629 Oxford Street · London East, N5Y 3J2

MLS® X12872750

198 days on market198 days on market

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 ›

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

Directions
Woodfield

London East, ON

Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.

Monthly paymentest. $27,728/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$23,424
Property tax$3,013
Insurance (est.)$1,042
Utilities (est.)$250
Total monthly$27,728
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

$5,000,000

Listed Mar 11, 2026

On the market
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

Own a home in London East?

Find out what it's worth.

Get your free valuation →
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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.