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149 WELLINGTON STREET London East
  • 149 WELLINGTON STREET London East
  • 149 WELLINGTON STREET London East

149 WELLINGTON STREET, London East, Ontario

$1

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:50212)

  • Listing ID: X13137662
  • Property Type: Vacant Land
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Details

  • Easement: Other
  • Transaction: For sale
  • Zoning Description: BDC

Building

  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Irregular: 237.43 x 1.09 Acre
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Listing provided by CENTURY 21 LANDUNION REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 149 WELLINGTON STREET in London East Ontario. It was last modified on May 15th, 2026. Contact The TanTeam to schedule a viewing or to discover other London East real estate for sale.

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