5085 Wellington Road
London South, N6E 3X9·MLS® X13640364
Listing courtesy of Sutton Group Preferred Realty INC.·Updated 3 hours ago
Listing price
$475,000
Est. $2,262/mo
Days on market
Listed Aug 5, 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
Property tax
$4,074/yr (2026)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
57% confidence · 6 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,975
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times · asking price down 5% from the first ask
Listed Aug 5, 2026
Listed Jun 25, 2026
Sold comparables nearby
Sold$505,000
5051 Wellington Road, London South
Sold$614,000
3109 Shaver Street, London
See all 6 sold comparables
Create a free account to unlock premium data.
Market conditions · London South
Avg. sold price
$872,833
Sale-to-list ratio
96.3%
Based on 6 recent comparable sales near this home.
Affordability
Minimum household income required
$117,221
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$653,254
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colin@searchlondonhomes.com
Message Colin about this home
By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc.. You can unsubscribe at any time.
Get notified about similar homes
New detached listings in South HH.