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Home ON Greater London London White Oaks
743 WELLINGTON ROAD
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743 WELLINGTON ROAD $3,350,000
$3,350,000
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743 WELLINGTON ROAD
London, Ontario N6C4R5

MLS® Number: X8465128
4
Bathrooms
14228
Square Feet

Listing 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) (35539101)

Location Description

Creston Ave.

Property Summary

Property Type
Office
Building Type
Offices
Square Footage
14228 sqft
Community Name
South R
Land Size
207 x 213 FT
Annual Property Taxes
$48,550.44
Total Parking Spaces
42
Time on REALTOR.ca
148 days

Building

Bathrooms
Total
4
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
42

Measurements

Square Footage
14228 sqft

Land

Lot Features
Frontage
207 ft
Land Depth
213 ft
Other Property Information
Zoning Description
RO1
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3
BRADLEY GLEED