For saleMLS® X13417756

162-164 Mill Street, London East, ON N6A 1P6

East F, London East · Near Richmond st and Oxford St · View map

$1,495,000
7104Sq ft
LandType
NoneParking
$5,029/yrTaxes
$1,495,000
FreeholdNo monthly condo fee
Lot 58.7 x 120 ftThe land comes with the home

About this home

Exceptional development opportunity in the heart of Downtown London. Situated on a 7,104 sq. ft. parcel at 162-164 Mill Street, this prime infill site is positioned within one of the city's fastest-growing redevelopment corridors, just one block from Richmond Street.Surrounded by restaurants, cafés, shopping, entertainment, transit, and major employment hubs, the property is ideally located for future residential intensification. The existing semi-detached dwelling offers holding value while buyers explore the site's redevelopment potential, with the possibility of a multi unit residential project, subject to zoning, planning approvals, permits, and all applicable City of London requirements.The Mill Street neighbourhood continues to experience significant investment, with a dynamic mix of established homes, rental properties, student housing, young professionals, and new multi-residential developments. Located approximately 10 minutes from Western University, home to more than 40,000 students, faculty, and staff, the area benefits from strong and consistent housing demand. Fanshawe College, major hospitals, Victoria Park, Canada Life Place, Covent Garden Market, and the downtown core are all within close proximity.Whether you're a developer, builder, or investor seeking your next urban infill project, this is a rare opportunity to secure land in one of London's most active growth areas. Buyers are encouraged to complete their own due diligence with the City of London regarding permitted uses and future development potential.

The home

Type
Land
Square footage
7104 sq ft
Lot size
58.7 x 120 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Garage & parking

Total parking
None

Taxes & other

Property taxes
$5,029/yr
Tax year
2025
Occupancy
Partial
Possession
Immediate
Cross street
Richmond st and Oxford St
Neighbourhood
East F

More

MLS® number
X13417756

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Want to know something that isn’t listed?
Estimated monthly cost$6,450per month, all in
  • Mortgage
  • Property tax

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.

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    162-164 Mill Street, London East, ON N6A 1P6

    East F, London East · Near Richmond st and Oxford St

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    Sold history

    Listing history for 162-164 Mill 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.

    Questions & answers

    Frequently asked questions about 162-164 Mill Street

    Answers come straight from this home’s MLS® listing.

    How much is 162-164 Mill Street listed for, and what would it cost each month?

    162-164 Mill Street is listed for $1,495,000. With 20% down ($299,000), the mortgage payment would be roughly $6,030 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,450 a month, all in. That figure is an illustration, not a quote.

    Is 162-164 Mill Street freehold or a condo, and is there a monthly fee?

    162-164 Mill Street is a land in East F, 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 162-164 Mill 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 162-164 Mill Street?

    162-164 Mill Street is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 162-164 Mill Street, and what is the lot size?

    The lot is listed as 58.7 x 120 ft.

    What are the property taxes for 162-164 Mill Street?

    Property taxes are $5,029 a year (2025), or about $419 a month.

    Where is 162-164 Mill Street?

    162-164 Mill Street is in the East F community of London East. The nearest main intersection is Richmond st and Oxford St. The postal code is N6A 1P6.

    Is 162-164 Mill Street still for sale?

    Yes. It is an active listing (MLS® X13417756). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 162-164 Mill Street asking?

    Similar properties for sale nearby right now include 532-538 Dundas Street at $1,699,000, 434 Dufferin Avenue at $1,249,000 and 350 Hamilton Road at $1,400,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 162-164 Mill 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 162-164 Mill 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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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