743 Wellington Rd, London, Ontario N6C 4R5

PRIME REDEVELOPMENT SITE FRONTING ON THE NEW BUS RAPID TRANSIT NORTH / SOUTH CORRIDOR ON BUSY WELLINGTON ROAD. CLOSE TO ALL AMENITIES INCLUDING LONDON HEALTH SCIENCE CENTRE, WHITE OAKS MALL, SCHOOLS, CHURCHES, SHOPPING & RESTAURANTS. SITUATED ON 1.145 ACRES, THE PROPERTY HAS SUPERIOR EXPOSURE TO A MAJOR ARTERIAL ROAD & TRANSIT, AND IS WELL SUITED FOR HIGH DENSITY APARTMENT DEVELOPMENT. THE LONDON PLAN DISIGNATES 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 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 R01 (OFFICES, MEDICAL-DENTAL). THE PROPERTY IS LOCATED JUST 1.5 KM FROM LONDON HEALTH SCIENCES CENTRE AND IS ACROSS THE STREET FROM ESTMINSTER PONDS