Property Details
149 WELLINGTON STREET, London East (east K), Ontario, N6B2K7
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800
$8,250,000 - For sale
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. (id:2471)
Location DescriptionCross Streets: Located on the south-west corner of Wellington St. & Grey St. ** Directions: west.
- Property Address:149 WELLINGTON STREET, London East (east K), Ontario, N6B2K7
- Property Type:Vacant Land
- Community Name:East K
- Lot Size:237.43 x 191 FT|1/2 - 1.99 acres
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Driveway:No Garage
Real Estate Broker ABR®️, SRS
RE/MAX Centre City Realty Inc., Brokerage - London*
Cell: Sagheer: 519-694-1850 | Pal:519-619-9497
Tel: 519- 667-1800
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 149 WELLINGTON STREET, London East (east K), Ontario, N6B2K7
- Neighbourhood Information
149 WELLINGTON STREET, London East (east K), Ontario, N6B2K7
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