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3014 Westminster Drive

London South, N6E 3Y4·MLS® X13512824·

Listing courtesy of Century 21 First Canadian Corp·Updated 2 hours ago

For sale
1 / 10
0Beds
1Baths
3,500-5,000Sqft
16-30Year Built

Listing price

$849,900

Est. $4,048/mo

Days on market

1

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

$876,247Above Market
$825,253$927,241

82% confidence · 8 comparable sales analysed

Location & neighbourhood

South HH

London South, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$4,048
Property tax$921
Insurance (est.)$177
Utilities (est.)$250
Total monthly$5,396

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

Jul 2, 2026Listed
$849,900

Market conditions · South HH

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$202,334

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$876,247

Above Market

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