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162-164 MILL Street

162-164 MILL Street

London East, ON

1,286 sqft • Investment • 339 days on market

$1,569,900

Opportunity to own a 60 ft x 120 ft lot in the heart of Downtown London. This property features a semi-detached home on a double lot, offering incredible potential for redevelopment, investment, income generation or hold. Zoned for flexible residential use, the site allows for a range of possibility including multi-unit builds, infill development, or renovation of the existing structure. Located steps from the core business district, restaurants, and public transit, this is a high-demand, rapidly evolving neighbourhood with strong upside potential. Ideal for investors, developers, or builders.

Listing Details

Taxes (2025)
$3,772
Listed
September 18, 2025

Price History

Listing history

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Property

Age
100+
Lot Size
58.74 x 120 Feet

Location & Legal

Cross Street
St. George st. and Mill St.
Zoning
R3-1
Parcel Number
082620073
Possession
Flexible

Commercial

Business Type
Apts - 2 To 5 Units
Occupancy
Tenant

Included

Inclusions
hot water tank (owned)

Community

Postal area N6A

Population
13,810
Private dwellings
9,768
Median age
34
Average household size
1.8
Median household income
$61,200

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in London East · last 12 months

Median sold price
$461,500
Homes sold
1,311
Median days on market
24
Sale-to-list price
97.1%

Based on 1,311 recorded sales of commercial properties in London East over the last 12 months.

Listed by

RE/MAX ADVANTAGE REALTY LTD.

Location

Commercial figures

Building area
1,286 sq ft
Price per sq ft
$1,220.76
Annual property tax
$3,772
Tax per sq ft
$2.93

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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