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435 NELSON Street, London, Ontario, N6B 1A6

MLS® # 40696572
Vacant Land For Sale In Central London, London, Ontario
$8,200,000
Plan - 435 Nelson Street, London, ON
Plan - 435 Nelson Street, London, ON
Plan - 435 Nelson Street, London, ON
Plan - 435 Nelson Street, London, ON
Map - 435 Nelson Street, London, ON
Map - 435 Nelson Street, London, ON
Plan - 435 Nelson Street, London, ON
Plan - 435 Nelson Street, London, ON
Plan - 435 Nelson Street, London, ON
Plan - 435 Nelson Street, London, ON
Map - 435 Nelson Street, London, ON
Map - 435 Nelson Street, London, ON
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ACTIVE
435 NELSON Street, London, Ontario, N6B 1A6
$8,200,000

Property Information:

Rare SoHo Development Opportunity - Perfect for Investors & Developers. 12-Storey 219-Unit apartment building in a mix of modern suite configurations with spectacular views, green roof spaces & indoor/outdoor amenity areas. This 2 parcel amalgamation (currently with a 23 UNIT building + a 4 UNIT building) is exceptional. Its located across the road form park lands, adjacent to the river & is set within Londons SoHo District. Londons Community Improvement Plan for the SoHo district is a strategic initiative designed to foster development of the neighbourhood streets, shopping areas & connections to the Downtown, Old South and Thames River. Public infrastructure investment & the facilitation of private development is paramount to the mandate of this Community Improvement Plan. Worthy of consideration is the conduciveness of the site to potential funding options from various levels of government (Development Charges Exception/Dollars to Doors/Urban Accelerator Fund etc). In other words, this parcel is in the Goldilocks zone & you have a ground floor opportunity to make an excellent investment + the SELLER IS MOTIVATED!! (id:27)

Building Features:

  • Basement Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Amenities Nearby: Public Transit
  • Lot Depth: 249.0 Feet
  • Lot Frontage: 133.0 Feet
  • Utility Type: Natural Gas - Available, Hydro - Available
  • Zoning: R3-1
  • Sewer: Municipal sewage system

Courtesy of: PROMOVE REALTY BROKERAGE INC.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 435 NELSON Street, London, Ontario, N6B 1A6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 435 NELSON Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 435 NELSON Street , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 435 NELSON Street, London, Ontario, N6B 1A6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,123.74

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.84 %

High school certificate or equivalent

37.01 %

Apprenticeship trade certificate/diploma

6.41 %

College/non-university certificate

25.02 %

University certificate (below bachelor)

0.69 %

University Degree

9.02 %

Commuter

Travel To Work

By Car

81.07 %

By Public Transit

7.9 %

By Walking

3.87 %

By Bicycle

0.32 %

By Other Methods

6.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.5 %

Houses

60.5 %

Own Vs. Rent

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