Masonville Place opened in 1985 at 1680 Richmond Street in the Masonville district of north London, Ontario, with approximately 63,300 sqm of gross leasable area and over 130 retail and service units. Cadillac Fairview sold a 50% stake to KingSett Capital in 2025 and continues to manage the property as the leading super-regional shopping centre for London and southwestern Ontario.
Western University, one of Canada’s leading research universities with approximately 32,000 students, is located directly across from Masonville Place on the Richmond Street corridor, making this mall one of the few enclosed super-regional shopping centres in Canada with a major university campus as its immediate neighbour. The student and faculty population this generates augments the established north London professional residential catchment with a year-round young adult consumer demographic whose retail, dining, and entertainment behaviour shapes the tenant mix. H&M, Zara, Aritzia, and the Inditex cluster anchor a fashion and lifestyle programming mix oriented toward the premium suburban demographic of north London. A multiplex cinema serves the leisure and entertainment visit. A comprehensive food court and restaurant circuit serves both the university-adjacent and residential community catchments.
London’s population of approximately 420,000 makes it Ontario’s fifth-largest city and the commercial hub for southwestern Ontario. The Masonville district is among the highest household-income residential areas in London, and the north London catchment from Medway to Arva extends the affluent suburban base. London Transit Commission bus service provides connectivity across London. Surface parking for over 3,000 vehicles accommodates the predominantly car-dependent catchment.
Cadillac Fairview manages Masonville Place as the London flagship within its Ontario portfolio. The Western University adjacency is a structural commercial asset that differentiates this property from most other Ontario super-regionals: a captive academic community of 32,000+ students immediately across the street provides a retail audience that residential density alone cannot generate at this density or with this demographic profile.
