1 / 2

Land for sale

$8,250,000Price changed since it was listed

149 Wellington Street

London, N6B 2K7

Bedrooms: 0 beds
Bathrooms: 0 baths
Lot: 1.09 acres
Type: Land
On the market: 154 days

Compare 149 Wellington Street

About this home

Shovel-Ready Development Opportunity in SOHO Downtown London.Rare opportunity to acquire a premier high-density development site in the heart of Downtown London, Ontario. This approximately 1.1-acre parcel is ideally positioned beside the Convention Centre and just steps from the Transit Station, restaurants, entertainment, and major downtown amenities.The property comes with approved site plans for an impressive 18-storey mixed-use residential tower featuring approximately 270 residential units and 5 ground-floor commercial units, with a total gross floor area of approximately 278,000 sq. ft.Under the City of London's new Official Plan and TSA zoning framework, there is additional potential to increase density by approximately 30 residential units and an additional 39,000 sq. ft. of GFA.There is currently an existing building on the site leased to a restaurant tenant, generating interim rental income.This is a versatile opportunity suitable for either a condominium development or a purpose-built rental project in one of Southwestern Ontario's fastest-growing urban centres.

Features

Irregular Lot

Similar homes around London

See more homes

New
$1,049,000
36 Wethered Street
London, Land
0 beds0 baths
MLS® X14033056Compare 36 Wethered Street
$3,215,000
3510 Colonel Talbot Road
LondonLand

Property details

MLS® number: X13137662
Property type: Vacant Land
Bedrooms: 0
Bathrooms: 0
Kitchens: 0
Lot: 1.09 acres
Sewer: Sewer

Property taxes: $33,900 (2026)
Possession: Immediate
Cross street: Located on the south-west corner of Wellington St. & Grey St.
Municipality: London

What it could cost each month

Mortgage estimate

$36,529a month

$1,650,000 down, 4.5%, 25 years

Down payment

20%25%35%

Interest rate

Open the full calculator

An estimate, not a quote. Under 20% down, the mortgage default insurance premium is added to the loan.

Location

London, near Located on the south-west corner of Wellington St. & Grey St.

149 Wellington Street, London

Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Listing courtesy of CENTURY 21 LANDUNION REALTY INC.

Listed on the MLS® System of the Toronto Regional Real Estate Board. MLS® number X13137662. Measurements are approximate.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS® and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Robert Georgopoulos and George Georgopoulos are Sales Representatives with RE/MAX Advantage Realty Ltd., Brokerage. Each office independently owned and operated.

Ask Rob and George

We check the details with the listing brokerage and book you a private showing, free.

Call Rob519-871-2222 Call George519-871-1111

Call

,

0 beds0 baths

MLS® X13870444Compare 3510 Colonel Talbot Road

$734,900

338 Boler Road

London, Land