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$ 750,000
Est. payment /mo
New
225 Wellington ST London East, ON N6B 2L2
1,789 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,789 sqft
Price per Sqft $419
Subdivision East K
MLS Listing ID X12419372
Annual Tax Amount $5,877
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Rare opportunity in downtown London a live/work property combining prime commercial space with a beautiful residence. The front commercial unit offers outstanding exposure to over 80,000 cars daily and features huge windows to showcase your business. Zoning allows for many uses, from a bakery (equipment negotiable) to yoga/fitness, retail, or office. The lower level adds 1,485 sq. ft. of storage/workshop space for extra functionality. The back half of the building is a spacious two-bedroom plus loft home with vaulted ceilings, a large 9 x 6 bathroom with walk-in shower, bright living areas, and generous bedrooms. Step outside to a sprawling deck overlooking a landscaped, fully fenced yard with fruit trees and gardens. Parking for potentially up to four vehicles adds convenience, while recent upgrades include a newer roof, newer windows, and excellent insulation. This property offers incredible flexibility: live in the back and operate your business in the front, rent the residential side while using the commercial space, or live in the home and lease the storefront as a mortgage helper. Separate commercial taxes ($4,232.87) and residential taxes ($1,260.93) help keep ownership efficient. Seller is open to VTB, creating even more opportunity. With its unbeatable exposure, versatile zoning, and move-in-ready home, this property is ideal for entrepreneurs, investors, or anyone seeking a perfect live/work setup in a high-visibility downtown location.
Location
State ON
County Middlesex
Community East K
Area Middlesex
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 44.75
Lot Depth 109.78
Others
Security Features No
Virtual Tour https://bit.ly/225WellingtonStreet
Listed by ROYAL LEPAGE TRILAND REALTY
