ON > London > South R
London, ON N6C 4R5,743 Wellington RD
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London, ON N6C 4R5,743 Wellington RD
London, ON N6C 4R5,743 Wellington RD
London, ON N6C 4R5,743 Wellington RD
London, ON N6C 4R5,743 Wellington RD
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,350,000
Est. payment /mo
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Active

743 Wellington RD London, ON N6C 4R5

4 Baths

14,228 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 14,228 sqft

Price per Sqft $235

Subdivision South R

MLS Listing ID X8465128

Annual Tax Amount $48,550

Tax Year 2023

Property Sub-Type Office

Lot Depth 213.0

Lot Front 207.0

Property Description

Prime commercial property fronting on busy Wellington Road South on the new Bus Rapid Transit North/South Corridor with average traffic counts of 41,500 vehicles per day. Situated on 1.145 acres, the property has superior exposure to a major arterial road and transit, and is well suited for high density high-rise development. The site is currently improved with a 14,228 sq ft split level office building comprised of 9,097 sq ft finished space above grade and 5,131 sq ft of finished space at or below grade. Split-level building style with several entrances and is easily divisible. Space is comprised of private offices, work spaces, boardrooms and meeting rooms. Close to all amenities including London Health Sciences Centre, White Oaks Mall, schools, churches, shopping and restaurants. Zoning allows Offices, Medical/Dental Offices, Clinics, Medical/Dental laboratories, Business service establishments, Day care centres, Personal service establishments and Financial institutions. The property is located just 1.5 km from London Health Sciences Centre and is across the street from Westminster Ponds, a 200-hectare environmentally significant area with ponds and walking trails. Lots of onsite parking with 42 parking spaces. Easy access to the 401 and downtown. The London Plan designates the site as Rapid Transit Corridor with Rapid Transit Boulevard street classification, providing an opportunity for intensification. Preliminary pre-consultation planning suggests a variety of development options exist ranging from an 11-unit, 2 storey townhouse development up to 12-16 storey apartment high-rise with up to 208 units. Also available For Lease (MLS #X8174336)

Location

Province ON

County Middlesex

Community South R

Area Middlesex

Zoning RO1

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 207.0

Lot Depth 213.0

Others

Security Features No

Listed by A TEAM LONDON
agent

Jethro Seymour

Broker

+1(416) 712-0767

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743 Wellington RD

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