1889 Westminster Drive, London South

$3,400,000
1889 Westminster Drive

$3,400,000

Price Change
366d
Farm

1889 Westminster Drive, London South

Total Monthly Obligation $14,492

Beds
0
Baths
0
Park
0
DOM
366d
Property Type-Farm
MLS® Number-X12478949
Beds-0
Lot Size-75.919 Acres
Listed on site-Oct 22, 2025
Building Type-Farm
Taxes-$4,829.1 (2025)
Heating-Propane Gas
Brokerage-CBRE LIMITED
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Septic
Possession-Flexibl
Neighbourhood-South BB
Title-Commercial

No agent assigned

Opportunity to acquire 75.92 acres of Potential Future Development Land in London, ON. The Property has 51 acres of workable land located just outside the City of London's Urban Growth Boundary. 1889 Westminster Drive is zoned Agricultural (AG2) and Environmental Review (ER). 1889 Westminster Drive is improved with a single family home that features 3 bedrooms and 2 bathrooms. Two additional outbuildings are located on the Site, a large drive shed and a smaller shed. Both are serviced with power and have been well maintained. The house has been well cared for and is in good condition. The home consists of the original farmhouse and an addition that was added on to the rear of the Building. HVAC/Mechanical features include propane heating, air conditioning, a propane fireplace, sump pump, and owned propane bot water. The Property is in the south end of the City of London, just a few roads south of the Urban Growth Boundary. 1889 Westminster Drive is ideally situated at the corner of Westminster Drive and Highbury Avenue South, offering frontage on two major roads. Quick access to Highway 401 is available via Highbury Avenue South within a 5-minute drive-time.

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Closing Costs

Mortgage Amount
$2,720,000
Land Transfer Taxes$71,475
Legal Fees (Est.)
$
Total cash required for closing$752,975

Total Monthly Obligation

$14,492/mo
Mortgage $13,715
Monthly Loss $10,883
Principal$3,609
Interest$10,106
Property Tax$402
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1889 Westminster Drive

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