$ 5,000,000

611-629 Oxford Street E, London East

Strategically positioned at the southeast corner of Oxford Street East and Adelaide Street North, this high-profile land assembly offers outstanding exposure along two of London's most prominent arterial corridors. The site totals approximately 2.08 acres and features 41.4 metres (135.7 ft) of frontage along Adelaide Street North and 120.1 metres (394.1 ft) along Oxford Street East, providing exceptional visibility, access, and long-term development potential. Positioned for future high-density residential and commercial development, the opportunity presented by this land assembly is significant. The property is currently improved with a mix of residential and commercial uses, including two single-detached dwellings and an existing commercial building along the Adelaide Street North frontage, along with ten single-detached dwellings along Oxford Street East. The existing structures generate steady holding income, offering investors and developers the ability to secure a prominent corner assembly while benefiting from interim cash flow. Opportunities of this scale and visibility along major London corridors are increasingly rare, making this a compelling acquisition for those seeking a strategic redevelopment site in a rapidly evolving urban location. (id:1945)
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Property details for 611-629 Oxford Street E, London East

Type
Lots and Land
Lot Size
394 x 136 FT
Annual Taxes
$29,880

Nearby Listings Stat

Estimated price and comparable properties near 611-629 Oxford Street E

Active Listings
286
Min Price
$1
Max Price
$8,250,000
Avg Price
$654,938
Days on Market
67
days
Sold Listings
103
Min Sold Price
$45,000
Max Sold Price
$1,900,000
Avg Sold Price
$512,738
Days until Sold
71
days

Neighbourhood Census Data

London, Ontario

Population
597
Median Age
35.7
Median Income
$33,109
Dwelling Value
$239,745

Housing Tenure

Owners 57%
Renters 42%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 2,271.7/km²
Avg Shelter Cost: $1,111/mo
Owners with Mortgage: 80%
Owners Spending 30%+: 19.4%
Tenants Spending 30%+: 34.6%
English only: 91.5%
English and French: 7.6%
Neither: 0.8%
Median Household Income: $56,533
Median Employment Income: $32,256

Price History

Listed
March 11, 2026
by THRIVE REALTY GROUP INC.
Current Price
$5,000,000
Type
Lots and Land
For Sale
611-629 Oxford Street E

Contact Agent Get in touch about 611-629 Oxford Street E, London East

KEVIN BARRY
KEVIN BARRY
THRIVE REALTY GROUP INC.

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Comparison of 611-629 Oxford Street E, London East, ON with Nearby Vacant Land