225 WELLINGTON STREET
London East (East K), Ontario
MLS® X13423954
$600,000
- Status
- Active
- Property type
- Retail
- MLS® number
- X13423954
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 40Listing description
Live/work in a property with commercial space with outstanding exposure to over 80,000 cars daily and beautiful home at the back, in the heart of Downtown London. 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 incredible exposure, versatile zoning, city water connection updated in 2024, 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
Property summary
- MLS® number
- X13423954
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Square footage
- 1,934 sq ft
- Land size
- 44.75 x 109.78 FT
- Annual property taxes
- $6,190.00
- Days on market
- 85 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Appliances
- Washer, Dishwasher, Dryer
What would this home cost you?
Based on the $600,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE TRILAND REALTY, LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.