Commercial Activity: July 10, 2024

A summary of recent commercial real estate activity in London

Photo: An industrial building at 585 Third Street sold for $1,650,000

77-79 Cartwright Street
type     Multi-family residential building
price   $1,700,000
seller   Purple Door Properties Corp.
buyer  STM Properties Inc.

3046 White Oak Road
type     Neighbourhood facility land
price   $1,425,000
seller   Southdale Centre of London Inc.
buyer  Aga Khan Foundation Canada

140 Dundas Street
type     Commercial building
price   $1,850,000
seller   1390795 Ontario Inc.
buyer  Islington Lakeshore Mall Inc.

Boardwalk Way & Upperpoint Avenue
type     Neighbourhood facility land
price   $8,550,000
seller   Sifton Properties Ltd.
buyer  Thames Valley District School Board

Gatestone Road, Honeywood Drive & Darnley Boulevard
type     Neighbourhood facility land
price   $8,498,130
seller   Drewlo Holdings Inc.
buyer  Thames Valley District School Board

174 King Street
type     Commercial/residential building
price   $4,548,000
seller   Foundation Capital Holdings Ltd.
buyer  174 King Street Holdings Inc.

4151 Perkins Road
type     Industrial building
price   $2,283,000
seller   Paczkowski Properties Inc.
buyer  SCT Realty Inc.

585 Third Street
type     Industrial building
price   $1,650,000
seller   Tricor Contracting Ltd.
buyer  Tilco Electric Ltd.

400 Princess Avenue
type     Multi-family residential building
price   $1,400,000
seller   Named individuals
buyer  Drygas Properties Inc.

1051 Wellington Road
type     Retail Plaza
price   $7,600,000
seller   9310924 Canada Inc.
buyer  JYSK Linen’n Furniture Inc.

15710 Robins Hill Road
type     Industrial building
price   $3,565,000
seller   Muffndex Ltd.
buyer  Vanguard Holdings Inc.

530 Clarke Side Road
type     Restrictive service commercial building
price   $2,050,000
seller   1891602 Ontario Inc.
buyer  1000901844 Ontario Inc.

258 Exeter Road
type     Industrial building
price   $4,000,000
seller   947503 Ontario Inc.
buyer  1000865637 Ontario Inc.

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