416-777-2200
139 Main St, Lucan, ON for Sale
Assisted Livings - FOR SALE
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139 Main St
Lucan, ON N0M 2J0


HIGHLIGHTS

  • The proposed expansion would boost net leasable area by ~86%, significantly increasing revenue potential.
  • The senior population in Middlesex County expected to nearly double by 2046, and 35% of local rural households are already maintained by seniors.
  • The Property offers prime visibility and access in a growing township core.
  • Just 27 km north of downtown London—blending small-town charm with regional growth potential.

OVERVIEW

On behalf of TDB Restructuring Limited in its capacity as Court-Appointed Receiver of 2301402 Ontario Limited and Jake’s House Community Residences (the "Receiver" or "Vendor"), Colliers is pleased to present 133–143 Main Street, Lucan — a 1.40-acre site with ~350 ft of frontage, featuring a vacant 55-suite retirement residence and three adjacent single-family lots. The 36,156 SF residence has expansion potential of up to 108 total units and was previously licensed by the Retirement Homes Regulatory Authority (RHRA) to provide a full continuum of care — from independent living to complex and memory care. The property also includes a corporate entity with available tax losses, offering strategic acquisition and tax planning benefits. Located just 20 km north of London, the site is walkable to key community amenities and benefits from strong local growth and a planning framework supportive of seniors housing (MUR zoning). This is a rare opportunity to acquire a fully built, flexible-use seniors facility with expansion potential — ideal for private or non-profit operators.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

MUR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeremiah ShamessColliersMore Info
416-777-2200

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Jeremiah ShamessColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.