$750,000
Available - For Sale
Listing ID: X12419372
225 Wellington Street , London East, N6B 2L2, Middlesex
| 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. |
| Price | $750,000 |
| Taxes: | $5877.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner |
| Address: | 225 Wellington Street , London East, N6B 2L2, Middlesex |
| Postal Code: | N6B 2L2 |
| Province/State: | Middlesex |
| Directions/Cross Streets: | Horton St and Wellington St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Store With Apt/Office |
| Building Percentage: | T |
| Total Area: | 1789.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1105 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Electric Forced Air |
| Central Air Conditioning: | Yes |
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| ROYAL LEPAGE TRILAND REALTY |
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At a Glance:
| Type: | Com - Store W Apt/Office |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East K |
| Tax: | $5,877 |
| Fireplace: | N |
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