
1/21120 OXFORD STREET E, London East (East C), ON N5Y3L8
$1.8M total
—
Asset Class
Land
Size
—
Building class
B
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
92%
Lot Size
0.75 ac
Included properties: 1120-1122-1126 Oxford Street East and 2-6 Clemens Street. Properties must be purchased together. 0.75 Acre Development Site located on the north east corner of Oxford Street East and Clemens Street in Northeast London. 136 ft frontage on Oxford Street East and 240 ft frontage along Clemens Street. Ideal location for student apartments located approximately one block from Fanshawe College with bus stop at door. Directly across the street from Tim Hortons, Finch Nissan, etc. Convenient access to major highways, shopping centres, schools, sport facilities and other amenities. Approved zoning for a 10-Storey, 136 unit residential development. Excellent high-density infill development opportunity. Current Zoning: R9- 7(37) which allows Apartment buildings; Lodging house class 2; Senior citizens apartment buildings; Handicapped persons apartment buildings and Continuum-of-care facilities. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$80K
Annual cash flow
$-20K
Cash-on-cash
-3.65%
DSCR
0.80
Going-in cap
4.45%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
134,417
Households
48,066
Median income
$124,000
Median age
35.3
Daytime population
177,779
5-yr growth
2.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1120 OXFORD STREET E, London East (East C).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.