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Last Updated : 625 Days ago
1455 Fanshawe Park Road W, London, ON,

1455 Fanshawe Park Road W, London MLS Number: 40556414

London, Middlesex, ON, N6H 5L3

$5,750,000

Status:

  • Area : 12005 sqft
  • Property Type: Commercial Sale (Retail,Building and Land)
  • Property Taxes : $48955.87 (Tax Year:2023)
  • Listing Courtesy : Prime Real Estate Brokerage

1455 Fanshawe Park Road W Property Description

Prime Real Estate is pleased to offer for sale one of the best corners in London. This site represents a premium investmentand/or development opportunity. The property is fully tenanted with flexible lease terms, offering the unique opportunity tostructure/secure market tenancies or owner-occupy. One of the buildings, home of the beloved Four Seasons, offers a turnkeyrestaurant and reception hall in 4,630 SF with 4,630 SF in the lower level. The site also offers an investor the opportunity toadd up to an additional 8,843 SF of retail space. The Official Plan designates this property as a Shopping Area which encouragesmedium to high density along with retail and mixed-use development. The favourable official plan designation coupled with nearbyprecedence uniquely positions this property as a high-density opportunity, offering versatility and considerable upside. Theproperty features 351 feet of frontage on Fanshawe Park Road and 200 feet of frontage on Hyde Park Road with daily trafficcounts of 21,500. The property is surrounded by active development and is already home to one of the most desirableneighbourhoods and rapidly growing demographics in the City of London. The contiguous 1.414-acre property (1491 Fanshawe ParkRoad) is owned by the same principals offering a potential land assembly of 3.098 acres for a high-density development.

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1455 Fanshawe Park Road W Property Facts

Property Type :Commercial Sale
MLS Number :40556414
Listing Type :Sale
Property Age :31-50 Years
Possession Date :
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Last Updated :19 Mar, 2024 (625 Days ago)
Source :LSTAR
Area :Middlesex
City :London
Area Major :North
Area Minor :North T
Postal Code : N6H 5L3
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Directions :The Property occupies the Northwest corner of the intersection of Hyde Park Road and Fanshawe Park Road.

1455 Fanshawe Park Road W Property Price & Tax Insights

Price : $5,750,000
Property Taxes :$48955.87
Tax Year :2023

1455 Fanshawe Park Road W, London Property Details

Cross Street :Hyde Park Road
Approx Square Footage :12005 sqft

1455 Fanshawe Park Road W, London - Price History

2024-03

19 Mar, 2024

TREB #40556414

Listed

$5750000

1455 Fanshawe Park Road W - Location Map and Landmarks

  • London Health Sciences Centre – University, Middlesex 5.17 km
  • London Health Sciences Centre – Children's, Middlesex 10.75 km
  • London Health Sciences Centre – Victoria's, Middlesex 10.75 km
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