743 Wellington Road, London, Ontario N6C 4R5
$3,500,000
- 0Bedrooms
- 0Bathrooms
- 42Parking Space(s)
3
Freehold
1.145 1.145 ac|1/2 - 1.99 acres
Description
Prime redevelopment site fronting on the new Bus Rapid Transit North/South Corridor on busy Wellington Road. Close to all amenities including London Health Sciences Centre, White Oaks Mall, schools, churches, shopping and restaurants. Situated on 1.145 acres, the property has superior exposure to a major arterial road and transit, and is well suited for high density apartment development. 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. Traffic counts on Wellington Road are 41,500 vehicles per day. Currently zoned RO1 (Offices, Medical-Dental). 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. The site is currently improved with a 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. (id:41195)
Details
Visual exposure
Building
Central air conditioning
Aluminum siding, Brick
Forced air
Municipal water
Municipal sewage system
Full (Unfinished)
Presented By
Presented By:
SUTTON PREFERRED
181 COMMISSIONERS ROAD WEST, London ON N6J1X9
Office: (519) 438-2222
Fax: (519) 438-1886
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July 06 2023 02:29:51
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As first time home buyers, we really didn’t know what to expect. Terry and his team guided us step by step throughout the process. Teambeckett made buying a home much easier than anticipated and would highly recommend them to family and friends and will definitely use them in the future.– Alex & Karyn
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London Ontario
Mary Thornton
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My husband and I recently purchased a house in London, Ontario with the help of Blair Patton. We were thrilled with our results. Blair was a professional agent who understood very quickly what we were looking for. He was very knowledgeable with the different areas in London and the value of the homes for sale. At the time of negotiation he worked hard to represent us properly and negotiate over and above our expectation. We would highly recommend Blair when buying or selling your home in London!
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