multifamily
Ref 678744

Scenic Tower

470 Scenic Drive
N5Z 3B2 London

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Space available141.134 ft²

Summary

We are pleased to present the opportunity to acquire Scenic Tower, a mid-rise apartment building consisting of 115 suites in London Ontario. Scenic Tower lives up to its name, opening up into a spacious 3.2 acre site, featuring a prominent swimming pool and bound by forested and well-landscaped grounds in a suburban like setting within the City. The Property is located just minutes from downtown in the Pond Mills Neighbourhood of central-east London and is a short drive from Victoria Hospital as well as the shopping district along Wellington Road. Scenic Tower also features a very attractive mix of suite types, having 55% of 2-bedroom suites with an average suite size of 919 SF. 

Highlights

- Premium Rental Building
- Well-Constructed & Maintained
- London: Reasserting its Place as Economic Engine of SWO
- Substantial Rental Upside
- Further Income Potential

Location and Transportation