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For saleMLS® X13137662

149 Wellington Street

London, N6B 2K7

$8,250,000

Lot
1.09 acres
Type
Land

About this home

Rare opportunity to acquire a premier high-density development site in the heart of Downtown London, Ontario. 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. 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. 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.

Property details

Property type
Vacant Land
Ownership
Freehold
Property taxes
$33,900 (2026)
Sewer
Sewer
Lot
1.09 acres
Time on market
170 days on market

Features

The lot

  • Irregular Lot

Location

Thinking about the area? Read my guide to Downtown.

Estimate your payment

20% down. The minimum on this price is $1,650,000.

Your monthly payment

$36,529

Mortgage amount
$6,600,000
Interest over the amortization
$4,358,764

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: CENTURY 21 LANDUNION REALTY INC..

Listing courtesy of the Toronto Regional Real Estate Board. MLS® X13137662.

Measurements are deemed reliable but not guaranteed.

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 Toronto Regional Real Estate Board and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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