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$8,250,000
Ontario,London East (East K)
For Sale Active
149 WELLINGTON STREET, London East (East K), Ontario N6B2K7
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Basic Details
Description

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:62783)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X13137662
  • Price: $8,250,000
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 275867
Features & Appliances
Features
  • Parking: No Garage
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable, Wireless
Address Map
  • Location: CA, Ontario, London East (East K), N6B2K7
  • Street: WELLINGTON
  • Street Number: 149
  • Street Suffix: Street
  • Longitude: W82° 45' 32.2''
  • Latitude: N42° 58' 38.9''
Additional Information
  • Water Source:
  • Lot Size Dimensions: 237.43 x 191 FT
Financial
  • Tax Annual Amount: 33900
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Listing updated: 2026-06-19 10:23:21
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Listing Information
  • List Agent Key: 1991426
  • List Office Key: 275867
  • Modification Timestamp: 2026-06-05T20:20:45Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-06-05T20:14:32Z
Powered by REALTOR.ca
Listing updated: 2026-06-19 10:23:22
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