23
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$2,495,000
Est. payment /mo
Active
323 Horton ST E London East, ON N6B 1L5
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision East K
MLS Listing ID X12914990
Annual Tax Amount $17,736
Tax Year 2025
Property Sub-Type Investment
Property Description
Welcome to Horton Flats, a zoning-approved mid-rise development at 323, 317, and 313 Horton Street, in the heart of London ON. This project will redefine urban living while supporting affordable housing initiatives and sustainable city growth. This 8-story mixed-use development is a strategic and high-potential opportunity for investors, developers, and affordable housing providers looking to capitalize on London's ongoing revitalization efforts. Designed to align with The City of London's Plan of Urban Corridor, Horton Flats is a forward-thinking development that combines innovative growth principles, transit-oriented living, and financial sustainability. A Smart Development in a Strategic Location. Horton Flats features 106 functionally designed residential units, providing efficient and modern living spaces tailored for today's renters. The ground floor includes two commercial spaces, offering the perfect setting for businesses serving the residents and the surrounding community. This prime urban location is ideally positioned on London's Rapid Transit corridor, ensuring seamless connectivity to key city destinations. Additionally, its proximity to CN Rail and major roadways enhances accessibility, making it a desirable site for long-term investment and development success. With the Growing Demand for Affordable Housing, Horton Flats offers a strategic solution that meets community needs and investor goals. This development is potentially eligible for various financial incentives. Don't miss out on this exceptional investment opportunity! Approx. $417,000 development charge credit available due to existing commercial floor area, providing significant upfront cost savings for redevelopment. Please contact for details.
Location
State ON
County Middlesex
Area Middlesex
Zoning BDC(51)ZONE-BUSINESS DISTRICT COMMERCIAL
Interior
Cooling Yes
Exterior
Parking Features Other
Utilities Available Yes
Building
Lot Description Lot
Lited by EXP REALTY
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