149 WELLINGTON Street
About this property
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 & finishes
Property details
| MLS® Number | X13137662 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Land |
| Interior Size | 0 sq ft |
| Lot Size | 1 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| Neighbourhood | East K |
| City | London East |
| Postal Code | N6B 2K7 |
| Province | ON |
| Listed Date | May 16, 2026 |
| Days on Market | 83 |
| Brokerage | CENTURY 21 LANDUNION REALTY INC. |
Location
Similar Properties Nearby
Sold Properties Nearby
Sign in to reveal recent sold prices in this area.






