Commercial Activity: November 24, 2021
A summary of recent commercial real estate activity in London
Conc. 1 Part Lot 48
type Speculative residential lands
price $4,000,000
seller Named individuals
buyer Kape Developments Ltd.
46 Elmwood Place
type Former retirement residence
price $2,200,000
seller Revera Long Term Care Inc.
buyer Veranda Property Investments Inc.
562 Waterloo Street
type Converted office building
price $1,950,000
seller 2328697 Ontario Inc.
buyer URLO 212 Inc.
752 Kipps Lane
type Various condominium units
price $3,750,000
seller Kanco-752 Kipps Ltd.
buyer 1000001856 Ontario Inc.
425 McKenzie Avenue
type Multi-family residential building
price $1,601,000
seller Percy Zaifman Holdings Ltd.
buyer 13351521 Canada Inc.
215 & 217 Hamilton Road
type Multi-family residential buildings
price $1,500,000
seller Zaifco Holdings Ltd.
buyer 2563239 Ontario Inc.
455-459 Princess Avenue
type Multi-family residential buildings
price $3,648,000
seller 455-459 Princess Holdings Ltd.
buyer Accent Real Estate Corp.
1040 Wilton Grove Road, 961 Pond Mills Road
type Multi-tenant industrial building
price $44,070,000
seller 1803299 Ontario Inc.
buyer Nobel REIT GP Inc.
1095 Wilton Grove Road
type Industrial building
price $13,000,000
seller 2726308 Ontario Inc.
buyer 1095 Wilton Grove Inc.
Transaction information provided by Mark McManus of Valco Consultants Inc., 519-667-9050 ext. 234, [email protected].