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, mmcmanus@valcoconsultants.com.