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. (id:52316)
ROYAL LEPAGE TRILAND REALTY
$750,000
225 WELLINGTON STREET, London East, Ontario
Property
MLS® Number: X12419372
Address: 225 WELLINGTON STREET
City: London East
Utilities
Central Air: Yes
Heating: Forced Air, Electric
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Property Sale History
Travel and Neighbourhood
63/100Walk Score®
Somewhat Walkable
Location
