225 WELLINGTON STREET, London East (East K), Ontario, N6B2L2

Property Description

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:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: None
• Living Area: 1,789 sq ft (166.2 m²)
• Frontage: 45 ft (13.7 m)

Costs

• Annual Taxes: $5,877.00 (2025)

Listing Provided by: ROYAL LEPAGE TRILAND REALTY
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.