Commercial Activity: January 24, 2024

A summary of recent commercial real estate activity in London

Photo: A multi-tenant industrial building at 4350  Castleton Road sold for $15,100,000

743 Wellington Road
type     Office building / redevelopment site
price   $2,400,000
seller   2857753 Ontario Inc.
buyer  Olde School Professional Properties Inc.

169 Wharncliffe Road South
type     Multi-tenant retail plaza
price   $2,710,070
seller   Named individuals
buyer  2437118 Ontario Inc.

2800 Roxburgh Road
type     Multi-tenant industrial building
price   $16,100,000
seller   PIRET (2800 Roxburgh Road) Holdings Inc.
buyer  Fiera Real Estate Small Cap Industrial Fund GP Inc.

4350 Castleton Road
type     Multi-tenant industrial building
price   $15,100,000
seller   PIRET (4350 Castleton) Holdings Inc.
buyer  Fiera Real Estate Small Cap Industrial Fund GP Inc.

1195 Riverbend Road
type     High-density residential land
price   $11,000,000
seller   Sifton Properties Limited
buyer  Drewlo Holdings Inc.

166 & 170 Dundas Street
type     Retail / office building
price   $5,150,000
seller   Farhi Holdings Corp.
buyer  166 Dundas St. London Inc.

1550 Sunningdale Road West
type     Single-family home redevelopment site
price   $2,250,000
seller   Named individuals
buyer  Foxwood Developments (London) Inc.

16 Wellington Road
type     Commercial building
price   $1,380,000
seller   16 Wellington Holdings Ltd.
buyer  The Corporation of the City of London

3799 Commerce Road
type     Industrial building
price   $5,400,000
seller   Tomar Realty Corp.
buyer  Sydenham Realty Inc.

571 Exeter Road
type     Restricted service commercial building
price   $3,615,000
seller   Tomar Realty Corp.
buyer  Exeter Place Inc.

18 Elm Street
type     High-density residential land
price   $1,369,939
seller   Housing Development Corporation, London
buyer  Ontario Aboriginal Housing Support Services Corporation

667 Wellington Road South
type     Commercial building / surplus lands
price   $6,300,000
seller   Limestone Redcan ULC
buyer  MKN Property Inc.

250 & 252 Oxford Street West
type     Converted dental office buildings
price   $1,225,000
seller   2809186 Ontario Inc.
buyer  1000612121 & 1000701870 Ontario Inc.


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

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