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    435 Nelson Street London ON N6B 1A6

    $ 5,290,000.00

    435 Nelson Street London ON N6B 1A6
    • MLS #: 40238506
    • Post Updated: 2022-04-11 17:34:06
    • Bedrooms: 23
    • Bathrooms: 23
    • Lot size: 26920.08 sq ft
    • LotSizeAcres: 0.618
    • LotSizeDimensions: 138 x 88
    • BuildingAreaTotal: 18000
    • Status:
    • Type:

    Description

    Rare opportunity to acquire a value-add 23-unit apartment building in the fastest
    growing city in Ontario, and within SoHo, a neighbourhood undergoing rapid
    intensification and gentrification. Located next to the new 1200+unit developments
    on the previous Victoria Hospital lands, just south of the downtown core, abutting
    the Thames River, and across the street from Meredith Park, this building is ripe
    for repositioning. Estimated 59% upside from the current rent roll to top market
    rents. The building consists of 23 1-bedroom units in a purpose-built 3-storey
    walkup. Hydro is separately metered but currently included in rent representing
    the potential for significant cost savings.

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    Location & Schools

    • MLSAreaMajor: East
    • MLSAreaMinor: East K
    • CountyOrParish: Middlesex
    • Directions: GPS
    • Zoning: R3-1

    Property Details

    • ParcelNumber: 083300025
    • AboveGradeFinishedArea: 18000
    • StoriesTotal: 3
    • ConstructionMaterials: Brick
    • AcresRange: 0.50–1.99

    Courtesy of

    • ListOfficeName: PRIME REAL ESTATE BROKERAGE

    435 Nelson Street London ON N6B 1A6. MLS 40238506. This style property is located in Central London is currently . This property is listed at $ 5,290,000.00. It has 23 beds bedrooms, 23 baths bathrooms. The property was built in year.

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