Commercial Activity: January 12, 2022

Commercial Activity: January 12, 2022 commercial real estate Commercial Activity

A summary of recent commercial real estate activity in London

Photo: A commercial building at 101 York Street sold for $3,679,820

1045 Hargrieve Road
type   Industrial building
price   $2,700,000
seller   2640956 Ontario Inc.
buyer   Great Wall Steel Corp.

4551 Wellington Street
type   Light industrial land
price   $7,050,000
seller   Byrex Developments Inc.
buyer   4551 Wellington Inc.

4080 Dowell Drive
type   Industrial building
price   $4,350,000
seller   1525157 Ontario Ltd.
buyer   2772005 Ontario Inc.

1525 Fanshawe Park Road West
type   Speculative residential/commercial land
price   $2,800,000
seller   Named individuals
buyer   Meadowcreek Estates Ltd.

1950 Oxford Street East
type   Restricted service commercial building
price   $12,550,000
seller   1564230 Ontario Inc.
buyer   Nobel REIT GP Inc.

1670 & 2112 Kilally Road
type   Speculative residential land
price   $4,050,000
seller   Maga Holdings Inc.
buyer   Named individuals

1021 Wonderland Road South
type   Multi-tenant retail plaza
price   $4,701,000
seller   204145 Ontario Ltd.
buyer   13480143 Canada Inc.

1210-1300 Wellington Road
type   Multi-tenant retail plaza
price   $36,750,000
seller   6763332 Canada Inc.
buyer   Wellington Commons Holdings Inc.

725-751 Fanshawe Park Road West
type   Multi-tenant retail plaza
price   $8,000,000
seller   Ariem Holdings Inc.
buyer   2690220 Ontario Inc.

805 Chelton Road
type   Medium- and high-density residential land
price   $8,166,920
seller   Drewlo Holdings Inc.
buyer   Talu Properties Inc.

800 & 810 Chelton Road
type   High-density residential land
price   $6,511,280
seller   Drewlo Holdings Inc.
buyer   Talu Properties Inc.

327 Neptune Crescent
type   Industrial building
price   $2,000,000
seller   Frep (327 Neptune) GP Inc.
buyer   Named individuals

2010 Oxford Street East
type   Industrial development land
price   $6,200,000
seller   Bradel Properties Ltd.
buyer   2471473 Ontario Inc.

19 Dingman Drive
type   Agricultural land
price   $1,750,000
seller   Named individuals
buyer   The Corporation of the City of London

3915 Commerce Road
type   Industrial building
price   $14,200,000
seller   PIRET (Southwest) Holdings Inc.
buyer   Dream Industrial (GP) Inc.

2440 Scanlan Street
type   Industrial building
price   $12,000,000
seller   PIRET (Southwest) Holdings Inc.
buyer   Dream Industrial (GP) Inc.

3820 Commerce Road
type   Industrial building
price   $6,650,000
seller   PIRET (Southwest) Holdings Inc.
buyer   Dream Industrial (GP) Inc.

101 York Street
type   Commercial building
price   $3,679,820
seller   Greyhound Canada Transportation ULC
buyer   101 York Street Inc.

Plan 33M-810 Block 40
type   High-density residential land
price   $3,900,000
seller   Townline Orchard Property Ltd.
buyer   Tricar Properties Ltd.

2396 Wilton Grove Road
type   Agricultural land
price   $3,120,000
seller   Named individuals
buyer   1000003058 Ontario Inc.

2825 Innovation Drive
type   Industrial building
price   $37,135,065
seller   The Original Cakerie Ltd.
buyer   DH Can Owner Corp.

1960 Hyde Park Road
type   Multi-tenant retail plaza
price   $11,170,000
seller   2528013 Ontario Inc.
buyer   Equiton Commercial Real Estate Fund GP Inc.

Plan 33M-785 Block 141
type   Medium-density residential land
price   $3,342,708
seller   Sifton Properties Ltd.
buyer   Pulse Communities (Rhythm II) Inc.

462-472 Springbank Drive
type   High-density residential land
price   $7,777,000
seller   Atlas Springbank Developments Ltd.
buyer   Springbank Lux Inc.


Transaction information provided by Mark McManus of Valco Consultants Inc., 519-667-9050 ext. 234, [email protected]

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