For Sale

247 Wellington Street, London East, Ontario N6B 2L2

$649,900

247 Wellington Street, London East, Ontario N6B 2L2 is For Sale and has a listing price of 649,900. The property is located in the London East . It's been on the website for 43 Days.

  • MLS ID: X12321749
  • Office Name INITIA REAL ESTATE (ONTARIO) LTD
Property Description

An exceptional opportunity to own a prominently located commercial building on a high-traffic main road, just minutes from downtown. This versatile property is perfect for entrepreneurs or investors seeking a strategic location with proven success. The current owner has operated a thriving business here for over 30 years, underscoring the locations strong commercial potential. The building includes a three-bedroom apartment on the upper level, ideal for owner occupancy or rental income. Whether you’re looking to expand your business or invest in a well-positioned property, this is a rare opportunity you wont want to miss.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12321749
  • Price: $649,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 70
  • Ref ID: X12321749
  • Dir / Cross St: Horton
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/02/2025 X12321749 $649,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $690,474 Average List Price
    based on 1 year
  • 330 New Listings
    based on 30 days
  • 65 Median Days on Market
    based on 1 year
  • List vs. Selling Price 180.17 % Up
  • Sold (12mo) 363
  • Rented (12mo) 110

  • 1 Month Change -21.5%
  • 3 Month Change -39.9%
  • 6 Month Change +17.8%
Walkscore
  • 49 Walk Score
    Car-Dependent
  • 72 Transit Score
    Excellent Transit
  • 83 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Propane Gas
  • Garage Type Y
  • Parking Spaces: 4
  • Taxes: $7,760
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 02/08/2025 15:15:52
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