149 WELLINGTON Street

ActiveLondon East · East K83 days on marketMLS® X13137662
$8,250,000
Bedrooms0
Bathrooms0
Interior0 sq ft
Lot Size1 sq ft
TypeLand
ListingFor Sale
Days on Market83

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

View
Air Conditioning
Basement

Property details

MLS® NumberX13137662
StatusActive
Listing TypeFor Sale
Property TypeLand
Interior Size0 sq ft
Lot Size1 sq ft
Beds / Baths0 bed · 0 bath
NeighbourhoodEast K
CityLondon East
Postal CodeN6B 2K7
ProvinceON
Listed DateMay 16, 2026
Days on Market83
BrokerageCENTURY 21 LANDUNION REALTY INC.

Location

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Listed by CENTURY 21 LANDUNION REALTY INC.