3014 Westminster Drive
London South, N6E 3Y4·MLS® X13512824·
Listing courtesy of Century 21 First Canadian Corp·Updated 2 hours ago
Listing price
$849,900
Est. $4,048/mo
Days on market
Listed Jul 2, 2026
Description
Rare 3.66-acre commercial corner lot at Wellington Road and Westminster Drive - one of south London's highest-exposure positions, with roughly 16,000 vehicles a day passing on Wellington. Offered at $849,900. Unlike most agricultural land in this corridor, this parcel carries a grandfathered commercial right that opens up an unusually wide range of uses for a single property: run a wholesale or distribution operation, open a farm market or nursery, build a home and run a home-based business on the same acreage, work the land agriculturally, or set up a yard-and-storage base for a trade. The building is approximately 3,543 sq ft - around 2,311 of showroom plus 1,232 of utility, storage, offices and a loading dock - built in 1996, and fronted by an 882 sq ft poured-concrete covered veranda that runs the full length of the building. Steel roof, furnace, and A/C replaced in 2017; 200-amp service with a 70-amp subpanel. Served by a 160 ft drilled well and a septic system. The large corner yard offers ample parking and space for equipment, storage, or a fleet. Vacant possession available September 1 - currently home to Fauxliage, an established artificial-plant wholesale and retail business relocating this fall. Whether you're an owner-operator, an investor, or a business that needs Wellington Road exposure with room to grow, this property offers options most single parcels can't. With such a wide range of possibilities, contact the listing agent to discuss what fits your specific business. A complete property details package is available to interested buyers, including zoning documentation, by-law references, building and lot specifications and more.
Property details
Parking
50 spaces
Type
Other — Other
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$13,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
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
$3,400
Rental yield
4.8%
Est. cash flow
-$1,996
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$202,334
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$876,247
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