Commercial Activity: September 14, 2022

A summary of recent commercial real estate activity in London

Photo: An apartment building portfolio at 21 King Street sold for $29,500,000

1567 Allen Place
type   Walk-up apartment building
price   $1,500,000
seller   Vision in Progress Inc.
buyer  Named individuals

1438 Highbury Avenue North
type   Medium-density residential development land
price   $4,100,000
seller   Majesty Commercial Properties Inc.
buyer  JEC Properties Inc.

2000 Hyde Park Road
type   Vacant commercial land
price   $2,800,000
seller   Foxwood Developments (London) Inc.
buyer  Sonny’s Canada Hyde Park Inc.

125 Clarke Road
type   Multi-tenant retail plaza
price   $2,900,000
seller   1068911 Ontario Inc.
buyer  1000264808 Ontario Ltd.

835 Richmond Street
type   Converted office building
price   $2,100,000
seller   Guenther Medicine Professional Corp.
buyer  The Y Group Investments & Management Inc.

Conc. 5 Part Lot 24
type   Commercial and residential development land
price   $15,180,000
seller   Calloway REIT (Fox Hollow) Inc.
buyer  Northwinds Village Inc.

640,650, 660 & 746 Fanshawe Park Road East
type   Apartment building portfolio
price   $24,100,000
seller   Homestead Land Holdings Ltd.
buyer  640-650-660 Fanshawe Park Road Ltd., 746 Fanshawe Park Road Ltd.

21 King Street
type   Apartment building portfolio
price   $29,500,000
seller   Homestead Land Holdings Ltd.
buyer  21 King Street Apartments Ltd.

1560, 1570 & 1580 Adelaide Street North
type   Apartment building portfolio
price   $57,200,000
seller   Homestead Land Holdings Ltd.
buyer  1560 Adelaide Street Ltd., 1570 Adelaide Street Ltd., 1580 Adelaide Street Ltd.,

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