147-149 WELLINGTON Street, London ON

$ 4,674,000.00

MLS# 205453

1.0900 acres • Land

Make your lasting mark on the London skyline. One Forty Seven is a landmark location just south of the downtown core in London’s SoHo neighbourhood. This area is experiencing a rise in revitalization through increased development and a City led Area Plan. The site is approximately 1.09 acres with approved bonus zoning in place to allow an 18 storey building. Sellers have arranged bonus zoning with the city to allow for increased density. Important studies have been completed including site services, geotechnical investigation, shadow impact, wind impact and heritage impact studies. Architectural drawings have been completed. Wellington Street must be sold with 253, 255, 257 Grey Street & 254 Hill Street. JAM Properties Inc. has binding Agreement of Purchase & Sale with the Sellers for all of the properties. Buyers who submit an offer do so on the understanding that any offer received will need to be converted to an Assignment of the existing Agreements of Purchase and Sale.

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BROKERED BY: CBRE LIMITED, BROKERAGE


Facts & Features

Type
Residential
Water
Municipal
Lot Size
1-2.99 Acres
Parking
Unknown
Days on LetsLook
64

Property Details

  • Area: City of London East
  • Assessed Value: $969,000.00
  • Fronting: West
  • Taxes: $29,838.50 in 2018
  • Basement: No

Exterior

  • Finish:
  • Foundation:
  • Garage: No

Services

  • At Lot Line-Gas
  • At Lot Line-Hydro
  • At Lot Line-Municipal Sewer
  • At Lot Line-Municipal Water
  • Cell Service
  • Natural Gas
  • Public Transit
  • Street Lights
  • Telephone

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Loan Amount
Years
Interest Rate

147-149 WELLINGTON Street, London ON N6B 2K7



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