We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
743 WELLINGTON ROAD, LONDON
2024-06-24
Quick Summary
- Location
- 743 WELLINGTON ROAD, LONDON, Ontario N6C4R5
- Price
- $3,350,000
- Status:
- For Sale
- Property Type:
- Office
- Area:
- 14228ft2
- Bathrooms:
- 4
MLS®#X8465128
Property 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 building 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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Highway, Public Transit
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 14228 sqft
- Building Type: Offices
- Utility Water: Municipal water
Land
- Land Size: 207 x 213 FT
Zoning
- Description: RO1
Information entered by A TEAM LONDON
Listing information last updated on: 2024-09-06 00:22:42
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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