743 Wellington Rd, London, Ontario N6C 4R5

  • $3,300,000
743 Wellington Rd, London, Ontario N6C 4R5
Active
743 Wellington Rd, London, Ontario N6C 4R5
  • $3,300,000

Overview

Property ID: X6634628
  • Commercial Sale, Office
  • Property Type
  • 9073
  • Sqft

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 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

  • Address 743 Wellington Rd
  • City London
  • State/county Ontario
  • Zip/Postal Code N6C 4R5

Details

Updated on December 14, 2023 at 12:00 pm
  • Property ID: X6634628
  • Price: $3,300,000
  • Property Size: 9073 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Office
  • Property Status: Active
  • MLS#: X6634628

Additional details

  • Heating: Gas Forced Air Closd
  • County: Middlesex
  • Property Type: Commercial Sale
  • Parking: Outside/Surface

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