$849,900 - 3014 Westminster Drive, London South
Detached for Sale in London South
53 days on marketNeighbourhood: South HH
- MLS Number
- X13512824
- Property Type
- Detached
- Status
- active
- Days on Site
- 53
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- London South
- Lot Size
- 4 sqft
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Rare 3.66-acre commercial corner lot at Wellington Road and Westminster Drive - one of south London's busiest corners, about 16,000 vehicles a day going past on Wellington. Asking $849,900. Here's what makes it rare: this corner has been in continuous commercial use - a wholesale operation grandfathered in from the old Westminster Township days, before the City's farm zoning. Most agricultural land in this corridor can't be used commercially. This one can. And the property opens the door to more - a farm market, a nursery, a landscaping or garden centre operation, a home with a home-based business, or your own wholesale or distribution base. Some uses work as-is, others are a straightforward approval with the City. Tell me what your business needs and I'll give you a straight answer on whether it fits and what it would take.The building is about 3,543 sq ft - roughly 2,311 of showroom plus 1,232 of utility, storage, offices and a loading dock - built in 1996, with an 882 sq ft covered concrete veranda across the full front. Steel roof, furnace and A/C done in 2017, 200-amp service with a 70-amp subpanel, 160 ft drilled well, septic. Big corner yard, lots of parking, room for equipment or a fleet. 2025 taxes: $15,616. Vacant September 1 - currently home to Fauxliage, a wholesale business relocating this fall. Whether you're an owner-operator, an investor, or a business that needs Wellington Road exposure with room to grow, there's real flexibility in what this corner can become - some uses as-is, others a straightforward approval with the City. Contact the listing agent to talk through what fits your specific business. A complete property details package is available, including zoning documentation, by-law references, building and lot specifications and more.
Estimate your monthly payments for this property
Estimated Payment
$4,360.43/mo
Includes CMHC insurance ($23,712)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover South HH
South HH is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in South HH
- •Convenient location in London South
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
South HH offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
3014 Westminster Drive, London South
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $243/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 53 days on site, this property has exceeded the typical selling timeline for London South. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in London South are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
About South HH
I know South HH well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: London South properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.