• For Sale
  • 1 years ago
  • 28 views

743 Wellington Road, London, ON, N6C 4R5

$3,350,000

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 bu

ilding 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) (id:25314)

Facts and Features

Type

Office

year built

No Data

lot size

207 x 213 FT

Bedrooms

No Data

bathrooms

No Data

Garage

42

Status

Active

Property Overview

Property ID
55886
Category
Commercial
Unit Number
No Data
View
No Data
Lot Size Dimensions
207 x 213 FT
Lot Features
No Data
Common Interest
No Data

Building and Architecture

Building Type
Offices
Architecture Style
No Data
Stories
No Data
Roof
No Data
Foundation Details
No Data
Exterior Features
No Data
Construction Materials
No Data

Interior Features

Living Area
14228 sqft
Above Ground Finished Area
No Data
Below Ground Finished Area
No Data
Basement
No Data
Flooring
No Data
Fireplace
No
Fireplaces Total
No Data
Fireplace Features
No Data

Parking

Parking Type
No Data
Parking Spaces
42
Additional Parking Type
No Data
Additional Parking Spaces
No Data
Parking Fee
No Data
Parking Fee Frequency
No Data

Property Features

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Electric
No Data
Sewer
No Data
Water Source
Municipal water
Utilities
No Data
Community
No Data
Security
No Data

Other Information

Association Name
No Data
Association Fee
No Data
Association Fee Frequency
No Data
Association Fee Includes
No Data
Tax Annual Amount
$48,550.44
Existing Lease Type
No Data
Zoning
No Data
Zoning Description
RO1

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Irene Wallace
BRADLEY GLEED 519-872-8326