225 Wellington Street,London East (East K), ON N6B2L2
London East (East K), ON N6B2L2
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 (id:13843)
Details
| MLS # | X13423954 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 145 |
| Listing Provided By | ROYAL LEPAGE TRILAND REALTY | IAN STERLING LEISHMAN |
Features
| SQ Feet | 1,934 |
|---|---|
| Zoning | BDC |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Dishwasher, Dryer |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 6190 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | London East (East K) |
| Postal Code | N6B2L2 |
| Listing VS Median (in N6B2L2) | |
Price: $600,000 low | high Med: $525,000 sqft: 1,934 low | high Med: 792 $ / sqft: $310 low | high Med: $663 On site: 145 low | high Med: 153 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London East (East K) |
| Postal Code | N6B2L2 |
| Listing VS Median (in N6B2L2) | |
Price: $600,000 low | high Med: $525,000 sqft: 1,934 low | high Med: 792 $ / sqft: $310 low | high Med: $663 On site: 145 low | high Med: 153 | |
