Commercial Activity

A summary of recent commercial real estate activity in London

Photo: A retail investment property  at 919 Commissioners Road sold for $1,700,000

1740 Richmond Street North
type       Retail investment property
price      $14,050,000
seller     CP REIT Ontario Properties Ltd.
buyer     BMO Life Assurance Co.

1515 Trossacks Avenue
type       High-density residential land
price     $1,295,000
seller    533206 Ontario Inc.
buyer    1515 Trossacks Ltd.

919 Commissioners Road
type       Retail investment property
price     $1,700,000
seller    Named individuals
buyer    2706386 Ontario Ltd.

Plan 33R-20777 Part 1
type       Medium-density residential land
price     $4,600,000
seller    Zedcor Inc.
buyer   Pulse Communities (Aria) Inc.

Plan 33R-20777 Parts 2 and 3
type       Medium-density residential land
price     $3,988,822
seller    Zedcor Inc.
buyer    Prosperity Homes Ltd.

Plan 33M-765 Block 2
type       Medium-density residential land
price     $2,234,223
seller    Zedcor Inc.
buyer    Prosperity Homes Ltd.

1438 Highbury Avenue North
type       Medium-density residential land
price     $1,600,000
seller    Rez Properties Inc.
buyer    Majesty Commercial Properties Inc.

Plan 33M-757 Blocks 139 and 140
type       High-density residential land
price     $3,600,000
seller    Drewlo Holdings Inc.
buyer    Talu Properties Inc.

6168 Colonel Talbot Road
type       Speculative development land
price     $1,030,000
seller    25332430 Ontario Inc.
buyer    Shogun Maitake Property Ltd.

322 Wellington Road
type       Multi-family apartment building
price     $985,000
seller    Named individuals
buyer    2777539 Ontario Inc.

216 York Street
type       Commercial building
price     $1,040,000
seller    2736716 Ontario Inc.
buyer    TKFV Holdings Ltd.

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Transaction information provided by Mark McManus of Valco Consultants Inc., 519-667-9050 ext. 234, mmcmanus@valcoconsultants.com.