Ontario Tax Sale Property Forum

Sheriff Sales / Foreclosures => General Discussion => Topic started by: ChrisCentral on June 09, 2012, 11:40:16 AM

Title: London
Post by: ChrisCentral on June 09, 2012, 11:40:16 AM

1156 Dundas St., London

Any information / thoughts? Any other parties interested in investing as a group / corporation?

Starting to research this morning...

Title: Re: London
Post by: ChrisCentral on June 09, 2012, 11:51:42 AM

http://council.london.ca/meetings/Archives/Reports%20and%20Minutes/Planning%20Committee%20Reports/Planning%20Committee%20Reports%202008/2008-01-14%20Report/Item%2010.pdf

Title: Re: London
Post by: ChrisCentral on June 09, 2012, 11:56:16 AM

http://www.london.ca/Planning_and_Development/PDFs/Area_Plans/McCormick_Phase1Report.pdf

Tons of info on this site... Not without challenges but with the repurposing grants available possible apartments or condos...

Hoping the big players will weigh in...

Title: Re: London
Post by: Pfm1011 on June 09, 2012, 12:57:42 PM

http://www.london.ca/Planning_and_Development/PDFs/Area_Plans/EconomicAnalysisofMcCormickAreaLandsFinalReportRevApril_25_20121.pdf

Read the conclusions  , this is what will happen to this land. This is a multi multi million dollar project ..

Since the city has spent a whack of money on  studies, . If there is money to be made, I can assure you that the local boys have all the ducks in a row and ready to grab this. London has a good residential growth rate and the developers have been profitable.  If there is money to be made it will be made by the big local players who have planned for a long time  , not by a consortium of website users.  

Anyone with the cash to do this..isn't taking partners.

Of course the alternate ..is the town Ecdev department buys it with a silly high bid


however judging by the warning in the ad..... this is presuming this isnt just a toxic mess with a giant tax bill to boot

Title: Re: London
Post by: ChrisCentral on June 09, 2012, 03:01:53 PM

Similar to my dream for condo's in the old waterfront railway station in Barrie... My dreams are massively bigger then my pocket book.

Title: Re: London
Post by: ruok on June 11, 2012, 03:06:40 PM

I would think that Ivest Properties will be interested. A big organization with deep pockets and excellent management. They are heavily involved in the London area.