For saleMLS® X13227074

247 Wellington Street, London East, ON N6B 2L2

East K, London East · Near Horton St E · View map

$525,000
792Sq ft
Commercial retailType
NoneParking
$7,760/yrTaxes
$525,000
FreeholdNo monthly condo fee
Lot 34 x 70 ftThe land comes with the home

About this home

An exceptional opportunity to own a prominently located commercial building on a high-traffic main road, just minutes from downtown. This versatile property is perfect for entrepreneurs or investors seeking a strategic location with proven success. The current owner has operated a thriving business here for over 30 years, underscoring the locations strong commercial potential. The building includes a three-bedroom apartment on the upper level, ideal for owner occupancy or rental income. Whether you're looking to expand your business or invest in a well positioned property, this is a rare opportunity you wont want to miss.

The home

Type
Commercial retail
Square footage
792 sq ft
Lot size
34 x 70 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed

Garage & parking

Total parking
None

Taxes & other

Property taxes
$7,760/yr
Tax year
2025
Occupancy
Owner+Tenant
Possession
Flexible
Cross street
Horton St E
Neighbourhood
East K

More

MLS® number
X13227074

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Want to know something that isn’t listed?
Estimated monthly cost$2,764per 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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    247 Wellington Street, London East, ON N6B 2L2

    East K, London East · Near Horton St E

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    Sold history

    Listing history for 247 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.

    Questions & answers

    Frequently asked questions about 247 Wellington Street

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

    How much is 247 Wellington Street listed for, and what would it cost each month?

    247 Wellington Street is listed for $525,000. With 20% down ($105,000), the mortgage payment would be roughly $2,118 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,764 a month, all in. That figure is an illustration, not a quote.

    Is 247 Wellington Street freehold or a condo, and is there a monthly fee?

    247 Wellington Street is a commercial retail 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 247 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 247 Wellington Street?

    247 Wellington Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 247 Wellington Street, and what is the lot size?

    The lot is listed as 34 x 70 ft.

    How is 247 Wellington Street heated and cooled?

    Heating is gas forced air closed. The listing does not show air conditioning.

    What are the property taxes for 247 Wellington Street?

    Property taxes are $7,760 a year (2025), or about $647 a month.

    Where is 247 Wellington Street?

    247 Wellington Street is in the East K community of London East. The nearest main intersection is Horton St E. The postal code is N6B 2L2.

    Is 247 Wellington Street still for sale?

    Yes. It is an active listing (MLS® X13227074). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 247 Wellington Street asking?

    Similar properties for sale nearby right now include 225 Wellington Street at $600,000, 131 Waterloo Street at $519,000 and 356 RICHMOND Street at $549,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 247 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 247 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.

    *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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