323 HORTON STREET EAST
London and St. Thomas · N6B1L5
$2,995,000
About this residence
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! Contact us today for detailed financial projections, development plans, and partnership options. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Living area
- 1 sq ft
- Lot size
- 0.504
- Frontage
- 133.2 feet
- Annual tax
- $26,520
- MLS®
- X12290216
- Board
- London and St. Thomas
- Status
- Inactive
- Listed
- Jul 17, 2025
- Updated
- Oct 23, 2025
Features & finishes
Heating
- Forced air
- Natural gas
Cooling
- Fully air conditioned
Financing
Estimated monthly payment
$14,007/mo
Loan amount
$2,396,000
Down payment
$599,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N6B- 11,101
- Population
- 38
- Median age
- $49,200
- Median income
- $360,000
- Median home value
- 23%
- Home ownership
- 23 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 323 HORTON STREET EAST?
323 HORTON STREET EAST is listed for $2,995,000, in London and St. Thomas.
What type of home is 323 HORTON STREET EAST?
323 HORTON STREET EAST is a Multi-family, Multi-Family.
How large is 323 HORTON STREET EAST?
The home offers approximately 1 sq ft of living space on a lot measuring 0.504.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $14,007. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $26,520 per year.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 11,101, a median age of 38, a 23% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $360,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $49,200.
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