42.9773° N · 81.2419° W — East K, London East — MLS® #X13137662
149 WELLINGTON St
$8,250,000
East K, London East, Ontario N6B 2K7
- 237.43 x 191 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
149 WELLINGTON St is vacant land in East K, London East, listed for sale at an asking price of $8,250,000 (MLS® X13137662).
Shovel-Ready Development Opportunity in SOHO Downtown London.Rare opportunity to acquire a premier high-density development site in the heart of Downtown London, Ontario. This approximately 1.1-acre parcel is ideally positioned beside the Convention Centre and just steps from the Transit Station, restaurants, entertainment, and major downtown amenities.The property comes with approved site plans for an impressive 18-storey mixed-use residential tower featuring approximately 270 residential units and 5 ground-floor commercial units, with a total gross floor area of approximately 278,000 sq. ft.Under the City of London's new Official Plan and TSA zoning framework, there is additional potential to increase density by approximately 30 residential units and an additional 39,000 sq. ft. of GFA.There is currently an existing building on the site leased to a restaurant tenant, generating interim rental income.This is a versatile opportunity suitable for either a condominium development or a purpose-built rental project in one of Southwestern Ontario's fastest-growing urban centres.
Listing readings
How it measures up
Scores from the listing record and the market around it.
64Fair
Condition score
2 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $33,900 / 2026
- MLS® number
- X13137662
- Board
- TRREB MLS®
- Property Type
- Vacant Land
- Time on market
- Lot Size
- 237.43 x 191 ft
- Listed on
- Parking
- None
Listing history
Listing activity for 149 WELLINGTON St, London East, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $8,250,000 | N/A | Pc | X13137662 |
Inside
Room by room
Property
- Property Type
- Vacant Land
- Style
- Other
- Community
- East K
- Municipality
- London East
Parking
- Garage Type
- None
Utilities
- Water
- Municipal
Land
- Sewer
- Sewers
- Frontage
- 237.43 ft
- Depth
- 191 ft
- Lot Size
- 237.43 x 191 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Around it
Vacant Land in East K
Active listings only, today.
Lots for sale in East K right now
- For sale now
- 6
- Median asking price
- $7.38M
- New in 7 days
- 0
- Price cuts
- 0%
Middle half: $2.34M to $9.56M
0 in 28 days
0 listings
This home is asking 12% above the median.
See all homes in East KAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- railOn recordNearest rail line: 510 m
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 8.5 km
- water wellsNone in rangeNo water-supply well recorded within 250 m 8 test or monitoring holes also recorded.
- groundwaterOn recordGroundwater recorded about 3 m below ground nearby The middle water level in the well records within 500 m (64 records). It changes with the season and from spot to spot.
- npriOn record3 facilities within 1 km report pollutant releases to Environment Canada The nearest is Labatt Brewing Company Ltd, 490 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by London Hydro Inc.
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 40 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Upper Thames River Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Street frontage
- 237.43 ft72.4 m
- Depth
- 191 ft58.2 m
- Lot size
- 0.50 – 1.99 acresAs the board bands it
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land transfer tax on this home
- Ontario land transfer tax
- $192,725
- Total land transfer tax
- $192,725
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $188,725
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $8,250,000
- $156,250
- Ontario total
- $192,725
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- St. John French Immersion SchoolLondon District Catholic School BoardCatholic · grades JK–8 · French Immersion83%Grade 6 average700 m
- Tecumseh Public SchoolThames Valley DSBPublic · grades JK–871%Grade 6 average900 m
- Aberdeen Public SchoolThames Valley DSBPublic · grades JK–856%Grade 6 average1.1 km
- École élémentaire catholique Frère AndréConseil scolaire catholique ProvidenceFrench-language Catholic · grades JK–685%Grade 6 average3.4 km
SecondaryGrade 9 math 2024–25
- London South Collegiate InstituteThames Valley DSBPublic · grades 9–12 · French Immersion49%Grade 9 math900 m
- Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–1257%Grade 9 math1.1 km
- H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–1256%Grade 9 math1.3 km
- École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–1257%Grade 9 math4.3 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$40,463
- Mortgage$37,638
- Property tax$2,825
A planning figure, not a quote.
Land transfer tax
$192,725
$188,725 for first-time buyers.
Community
Who lives around it
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Shemeer AhmadVALERY REAL ESTATE INC.
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