149 WELLINGTON Street, London East, ON N6B 2K7
East K, London East · Near Located on the south-west corner of Wellington St. & Grey St. · View map
About this home
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.
The home
- Type
- Vacant land
- Bathrooms
- 0
- Lot size
- 237.4 x 191 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Fireplace
- No
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $33,900/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Located on the south-west corner of Wellington St. & Grey St.
- Neighbourhood
- East K
More
- MLS® number
- X13137662
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
149 WELLINGTON Street, London East, ON N6B 2K7
East K, London East · Near Located on the south-west corner of Wellington St. & Grey St.
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 149 WELLINGTON Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 149 WELLINGTON Street
Answers come straight from this home’s MLS® listing.
How much is 149 WELLINGTON Street listed for, and what would it cost each month?
149 WELLINGTON Street is listed for $8,250,000. With 20% down ($1,650,000), the mortgage payment would be roughly $33,278 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $36,103 a month, all in. That figure is an illustration, not a quote.
Is 149 WELLINGTON Street freehold or a condo, and is there a monthly fee?
149 WELLINGTON Street is a vacant land in East K, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 149 WELLINGTON Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 149 WELLINGTON Street?
149 WELLINGTON Street is a vacant land. Vacant land and farms are sold for the land itself; zoning, services and access decide what can be built.
How big is 149 WELLINGTON Street, and what is the lot size?
The lot is listed as 237.4 x 191 ft.
What are the property taxes for 149 WELLINGTON Street?
Property taxes are $33,900 a year (2026), or about $2,825 a month.
Where is 149 WELLINGTON Street?
149 WELLINGTON Street is in the East K community of London East. The nearest main intersection is Located on the south-west corner of Wellington St. & Grey St.. The postal code is N6B 2K7.
Is 149 WELLINGTON Street still for sale?
Yes. It is an active listing (MLS® X13137662). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 149 WELLINGTON Street asking?
Similar properties for sale nearby right now include 2496 DUNDAS Street E at $9,500,000, 1425 Creamery Road at $9,900,000 and 700 York Street at $5,800,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 149 WELLINGTON Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 149 WELLINGTON Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near East K, picked by style, size and price.
Land$9,500,0002496 DUNDAS Street E, London EastEast JCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Industrial$9,900,0001425 Creamery Road, London EastEast JCourtesy of: D. W. GOULD REALTY ADVISORS INC.View home →
Office$5,800,000700 York Street, London EastEast LCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →Courtesy of: CENTURY 21 LANDUNION REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.