1/21002-1004 OXFORD STREET E, London East (East C)
1002-1004 OXFORD STREET E, London East (East C), ON N5Y3K7
$499,000 total
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Asset Class
Land
Size
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Building class
B
Zoning
AG — Agricultural
$ / SF
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Occupancy
98%
About this property
Prime Development Opportunity! Ideally located on a major arterial route just minutes from Fanshawe College and downtown London. The property originally consisted of two addresses-1002 & 1004 Oxford Street East. The property offers excellent development potential with zoning that permits a mixed-use project featuring commercial space on the main level and residential units on the second and third floors. There is potential for approximately 4-6 residential units, making this an attractive opportunity for investors and developers alike. Photo of building is just an artist rendering. Buildings to be demolished. Property is being sold "Under Power of Sale." Please allow 72 hours for irrevocable. Photo is just an artist's rendering. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$26K
Annual cash flow
$-1K
Cash-on-cash
-0.80%
DSCR
0.96
Going-in cap
5.30%
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.
Area demographics
Trade area within 3 miles of the property.
Population
122,677
Households
51,117
Median income
$129,500
Median age
38.7
Daytime population
180,741
5-yr growth
6.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1002-1004 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.