For Sale
301 YORK Street
East K, London East, ON
$41,400,000
0Bd
0Ba
—sqft
749.25 ft frontagelot
LandMLS# X8122964Listed 2024-03-07950 DOM
On the market for 950 days — longer than average. The seller may be open to negotiation.
About this home
DEVELOPMENT opportunity in Downtown London. This contiguous 4+ acre parcel of land is located within the city's core across from the convention centre and footsteps from the train station and all major amenities. The property's highest and best use is a large mixed-use development, please refer to the concept plan in photos showing the potential for 1380 units, in the interim income can be obtained from parking and advertising. The property is within the downtown Development Charge exemption zone for multi-family development. Seize this rare opportunity to put your mark on one of London's A+ locations.
Financials
Annual Taxes
$378,504.22
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield0.1% – 0.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — London East
Days on market950 days
Buyer's MarketSeller's Market
Based on active listings in London East. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
59
/ 100
Walk Score
Somewhat Walkable
36
/ 100
Transit Score
Some Transit
55
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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