ON > London South > South X
London South, ON N6E 3A4,900 Jalna BLVD
London South, ON N6E 3A4,900 Jalna BLVD
London South, ON N6E 3A4,900 Jalna BLVD
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$5,300,000
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2 SqFt
Active

900 Jalna BLVD London South, ON N6E 3A4

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 2 sqft

Price per Sqft $2,650,000

Subdivision South X

MLS Listing ID X12076103

Annual Tax Amount $90,565

Tax Year 2024

Property Sub-Type Land

Property Description

This versatile 35,341 sq. ft. commercial building, currently operating as a turnkey fitness center, offers outstanding potential for conversion to a variety of uses including recreation, medical, educational, office, or big-box retail. Priced under $150 per sq. ft. approximately one-third of the estimated replacement cost this property represents tremendous value. The facility features a wide range of amenities: an indoor pool, 100 meter running track, four squash courts, spacious locker rooms with showers, saunas, and hot tubs. Additional highlights include truck-level loading, ceiling heights up to 20 feet, and ample on-site parking on the 2.01-acre lot. Existing fitness equipment may be included for the new owner or tenant. The current tenant is scheduled to vacate by July 15, 2025.The site is also a prime residential redevelopment opportunity. A proposed site plan for 78 stacked townhouse units is ready for site plan approval. Current zoning supports up to 100 units per hectare, offering further development flexibility. The seller is open to supporting rezoning efforts. Strategically located in south London with excellent visibility along Southdale Rd E, the property offers quick access to Highway 401 via Wellington Rd S (only 4 km away) and is surrounded by established residential communities. Also available for lease. see MLS# X12076106.

Location

Province ON

County Middlesex

Community South X

Area Middlesex

Zoning R6-5(100)

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 2.01

Others

Security Features No

Listed by CBRE LIMITED
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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