Commercial Activity: February 22, 2023

A summary of recent commercial real estate activity in London

Photo: A commercial/residential building at 565-569 Richmond Street sold for $1,725,000

3375 Wonderland Road South
type   Retail building – portfolio
price   $18,400,000
seller   Lowe’s Companies Canada, ULC
buyer  SP Copper Property Buyer Inc.

945 Kleinburg Drive
type   Partially improved residential development (vesting order)
price   $3,923,846
seller   Ontario Superior Court of Justice
buyer  1000388064 Ontario Inc.

Bradley Avenue S/S
type   Light industrial land
price   $1,697,850
seller   The Corporation of The City of London
buyer  Cardiff Products Corp.

943, 945 Hamilton Road
type   Multi-tenant retail plaza
price   $1,295,896
seller   Named individuals
buyer  Willowbrook Estates Ltd.

400 Scenic Drive
type   Walk-up apartment building
price   $2,000,000
seller   400 Scenic Drive Inc.
buyer  1000391604 Ontario Inc.

275 King Edward Avenue
type   Dental office building
price   $1,828,000
seller   Dr. Karin Van Ryswyk Dentistry Professional Corporation
buyer  1000355953 Ontario Inc., 1000355937 Ontario Inc., 1000355956 Ontario Inc.

565-569 Richmond Street
type   Commercial/residential building
price   $1,725,000
seller   1134539 Ontario Corp.
buyer  565-560 Richmond Property Holdings Inc.

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

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