Commercial Activity: November 13, 2024

A summary of recent commercial real estate activity in London

Photo: A mixed use commercial and residential building at 1653 Richmond Street sold for $6,300,000

25 Centre Street
type     Apartment building
price   $14,585,063
seller   1822094 Ontario Inc.
buyer  25 Centre Street Apartments Ltd.

3050 Dingman Drive
type     Commercial redevelopment land
price   $1,680,000
seller   Named individuals
buyer  Karps Developments Inc.

1653 Richmond Street
type     Mixed use commercial residential apartment building
price   $6,300,000
seller   Ontario Superior Court of Justice
buyer  1653 Richmond (London) Corp.

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