5085 Wellington Road
London South, N6E 3X9·MLS® X13491210·
Listing courtesy of Sutton Group Preferred Realty INC.·Updated 5 hours ago
Listing price
$499,000
Est. $2,377/mo
Days on market
Listed Jun 25, 2026
Description
Rare opportunity to own a large property at the corner of Wellington Rd in London, featuring a substantial .786 acre lot and a newer-built oversized shop, 12ft door, 200amp service 34ft x 27 ft that is the standout feature of this offering. Ideal for contractors, hobbyists, tradespeople, or buyers seeking exceptional workspace and storage. The existing home requires renovation and is being sold in "as is, where is" condition. The Home offers an opportunity for renovation, redevelopment, or a fresh vision. A convenient side entrance to the property provides excellent access to the rear yard and shop. With its generous lot size, prime location, and impressive shop, this property offers outstanding potential for the right buyer, 2 minutes to the 401.
Property details
Garage
1 car Other
Basement
None
Parking
6 spaces
Type
Detached — Bungalow
Heating
Other
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$505,000
5051 Wellington Road, London South
Sold$614,000
3109 Shaver Street, London
See all 10 comparables
Create a free account to unlock premium data.
Market conditions · South HH
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$1,996
Rental yield
4.8%
Est. cash flow
-$1,275
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$122,670
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$479,040
Connect with an agent
By submitting, you agree to receive communications from London Home Search and its affiliated agents. You can unsubscribe at any time.
Get notified about similar homes
New detached listings in South HH.