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247 Wellington Street

247 Wellington Street

London East, ON

792 sqft • Commercial Retail • 262 days on market

$525,000Price reduced 12%

An exceptional opportunity to own a prominently located commercial building on a high-traffic main road, just minutes from downtown. This versatile property is perfect for entrepreneurs or investors seeking a strategic location with proven success. The current owner has operated a thriving business here for over 30 years, underscoring the locations strong commercial potential. The building includes a three-bedroom apartment on the upper level, ideal for owner occupancy or rental income. Whether you're looking to expand your business or invest in a well positioned property, this is a rare opportunity you wont want to miss.

Listing Details

Taxes (2025)
$7,760
Originally Listed
$599,995
Listed
December 10, 2025

Price History

Listing history

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Property

Lot Size
34 x 70 Feet

Location & Legal

Cross Street
Horton
Zoning
BDC(4) h-13 TSA1
Parcel Number
083200075
Possession
Flexible

Commercial

Occupancy
Owner+Tenant

Included

Exclusions
tenants property

Community

Postal area N6B

Population
11,101
Private dwellings
7,181
Median age
38
Average household size
1.6
Median household income
$49,200

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
$462,500
Homes sold
1,306
Median days on market
24
Sale-to-list price
97.0%

Based on 1,306 recorded sales of commercial properties in London East over the last 12 months.

Listed by

SUTTON GROUP - SELECT REALTY

Walk Score

63

Walk

72

Transit

83

Bike

Scores by Walk Score®

Location

Street View

Commercial figures

Building area
792 sq ft
Price per sq ft
$662.88
Annual property tax
$7,760
Tax per sq ft
$9.80

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

R

Reita | Assistant

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Reita said:

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