$1,495,000
Available - For Sale
Listing ID: X13417756
162-164 Mill Street , London East, N6A 1P6, Middlesex
| Exceptional development opportunity in the heart of Downtown London. Situated on a 7,104 sq. ft. parcel at 162-164 Mill Street, this prime infill site is positioned within one of the city's fastest-growing redevelopment corridors, just one block from Richmond Street.Surrounded by restaurants, cafés, shopping, entertainment, transit, and major employment hubs, the property is ideally located for future residential intensification. The existing semi-detached dwelling offers holding value while buyers explore the site's redevelopment potential, with the possibility of a multi unit residential project, subject to zoning, planning approvals, permits, and all applicable City of London requirements.The Mill Street neighbourhood continues to experience significant investment, with a dynamic mix of established homes, rental properties, student housing, young professionals, and new multi-residential developments. Located approximately 10 minutes from Western University, home to more than 40,000 students, faculty, and staff, the area benefits from strong and consistent housing demand. Fanshawe College, major hospitals, Victoria Park, Canada Life Place, Covent Garden Market, and the downtown core are all within close proximity.Whether you're a developer, builder, or investor seeking your next urban infill project, this is a rare opportunity to secure land in one of London's most active growth areas. Buyers are encouraged to complete their own due diligence with the City of London regarding permitted uses and future development potential. |
| Price | $1,495,000 |
| Taxes: | $5029.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Partial |
| Address: | 162-164 Mill Street , London East, N6A 1P6, Middlesex |
| Postal Code: | N6A 1P6 |
| Province/State: | Middlesex |
| Legal Description: | PT LT 8 N/S MILL ST PLAN 183(W) AS IN 87 |
| Directions/Cross Streets: | Richmond st and Oxford St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Designated |
| Total Area: | 7104.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Recreation/Comm |
| Washrooms: | 0 |
| Sewers: | Sanitary |
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| RE/MAX ADVANTAGE REALTY LTD. |
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At a Glance:
| Type: | Com - Land |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East F |
| Tax: | $5,029 |
| Fireplace: | N |
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