162-164 MILL STREET
London and St. Thomas · N6A1P6
$1,569,900
About this residence
Opportunity to own a 60 ft x 120 ft lot in the heart of Downtown London. This property features a semi-detached home on a double lot, offering incredible potential for redevelopment, investment, income generation or hold. Zoned for flexible residential use, the site allows for a range of possibility including multi-unit builds, infill development, or renovation of the existing structure. Located steps from the core business district, restaurants, and public transit, this is a high-demand, rapidly evolving neighbourhood with strong upside potential. Ideal for investors, developers, or builders. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Living area
- 1,287 sq ft
- Lot size
- 58.74 x 120 FT
- Frontage
- 58.8 feet
- Annual tax
- $3,772
- MLS®
- X12412953
- Board
- London and St. Thomas
- Status
- Inactive
- Listed
- Sep 18, 2025
- Updated
- Nov 3, 2025
Features & finishes
Appliances
- Water Heater
Heating
- Forced air
- Natural gas
Financing
Estimated monthly payment
$7,342/mo
Loan amount
$1,255,920
Down payment
$313,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N6A- 13,810
- Population
- 34
- Median age
- $61,200
- Median income
- $600,000
- Median home value
- 29%
- Home ownership
- 20 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 162-164 MILL STREET?
162-164 MILL STREET is listed for $1,569,900, in London and St. Thomas.
What type of home is 162-164 MILL STREET?
162-164 MILL STREET is a Multi-family, Multi-Family.
How large is 162-164 MILL STREET?
The home offers approximately 1,287 sq ft of living space on a lot measuring 58.74 x 120 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $7,342. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $3,772 per year.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 13,810, a median age of 34, a 29% home-ownership rate, with an average commute of about 20 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $61,200.
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