805 Wonderland Road S, London, ON, N6K 2Y5

$2,700,000

MLS® # 40537280

Commercial For Sale In Westmount, London, Ontario

$2,700,000

Property Information:

Built in 2011 and strategically positioned at the crossroads of Wonderland Road South and Viscount Road, this freestanding restaurant pad commands a prime location along a bustling traffic corridor, accommodating a daily influx of 34,000 vehicles. In 2018 there was 1.1 million dollar renovation done. The building itself spans 5,472 square feet and occupies a generous 0.91-acre corner site, ensuring premium visibility within the locale. Adjacent to this site is Westmount Commons, a recently revitalized mixed-use center spanning 535,000 square feet. This dynamic complex features 200,000 square feet of office space, complemented by an additional 335,000 square feet dedicated to retail establishments emphasizing destination, lifestyle, and entertainment offerings. The immediate surroundings boast a burgeoning neighborhood, featuring multiple schools and several high-density residential buildings.Under the ownership and management of an institutional entity, this property stands as a secure investment with a long term triple net lease. Positioned on a high-visibility corner in an established area, it guarantees a stable and reliable cash flow.

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Construction Materials: Stucco
  • Exterior Features: Grade Loading
  • Lot Features: Irregular Lot, Ample Parking, Business Centre, High Traffic Area, Public Transit, Schools, Visual Exposure
  • Lot Frontage: 27.10 Feet
  • Parking Features: Public, Guest
  • Road Frontage Type: Municipal Road, Public Road, Year Round Road
  • Road Surface Type: Paved
  • Utilities: Electricity Connected, Street Lights, Phone Connected
  • Water Source: Municipal
  • Zoning: RSA2
  • Sewer: Sewer (Municipal)

Neighbourhood Notes:

Westmount is a large neighbourhood in the southwest with 4 neighbourhoods within its boundaries: Norton Estates; Cranbrook; Berkshire Village and Rosecliffe. Westmount Mall serves as a transit hub as well as a centre for shopping and community services. There are a number of parks in Westmount including Jesse Davidson Park, which has a spray pad, soccer and baseball fields; Basil Grover Park has a skateboard park, and Southwest Optimist Park has 2 soccer fields and 2 baseball diamonds. There are also 2 community owned pools, Woodcrest Community Pool and Forest Edge Community Pool. The Civic Gardens Complex, Springbank Gardens, Springbank Community Centre and the Thames Valley Parkway are located on the northern edge of Westmount at the intersection of Wonderland and Springbank. There are many schools in Westmount. Jean Vanier and St. Jude Catholic elementary schools, Westmount, W. Sherwood Fox, Sir Isaac Brock, and Arthur Ford public elementary schools and Saunders Secondary School. Students living in certain areas of Westmount may also attend Woodland Heights Public School and Catholic Central or St. Thomas Aquinas secondary schools.

Courtesy of: Royal LePage Triland Realty

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved