Commercial Activity

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.


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

Recent Posts

London Inc. Weekly

London Inc. Weekly: A summary of regional business news from the past week

21 hours ago

Dispatch

Dispatch: A summary of recent business appointments and announcements, plus upcoming events for the week ahead

23 hours ago

What it takes to get better results as an entrepreneur

To succeed as an entrepreneur, it is essential to develop lifestyle habits that align with your business goals

3 days ago

What does the 2026 HVAC sector look like across London Ontario?

London Ontario’s HVAC sector is booming. Learn what 2026 trends mean for local businesses, contractors and homeowners across Southwestern Ontario

3 days ago

The digital revolution meets the handshake

Amid the dehumanizing maze of online hiring, job fairs are making a powerful comeback

4 days ago

London Inc. Weekly

London Inc. Weekly: A summary of regional business news from the past week

1 week ago