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$ 750,000
Est. payment /mo
Active
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
Zoning BDC
Interior
Cooling Yes
Inclusions Fridge, Stove, Dishwasher, Washer, Dryer
Exterior
Utilities Available Yes
Lot Frontage 44.75
Lot Depth 109.78
Others
Security Features No
ParcelsYN No
Virtual Tour https://bit.ly/225WellingtonStreet
Listed by ROYAL LEPAGE TRILAND REALTY