149 WELLINGTON Street, London East, ON N6B 2K7
London East
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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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 149 WELLINGTON Street, London East, ON N6B 2K7
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MLS# X13137662
Listed by CENTURY 21 LANDUNION REALTY INC.
On market since May 16, 2026
149 WELLINGTON Street, London East, ON N6B 2K7 is listed for $8,250,000 CAD.
149 WELLINGTON Street, London East, ON N6B 2K7 has 0 bedrooms and 0 bathrooms.
149 WELLINGTON Street, London East, ON N6B 2K7 is a Vacant Land.
149 WELLINGTON Street, London East, ON N6B 2K7 is in London East, Ontario.
149 WELLINGTON Street, London East, ON N6B 2K7 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 149 WELLINGTON Street, London East, ON N6B 2K7 (MLS# X13137662). You can also send a message through the contact form on this site.
