162-164 Mill Street, London East, ON N6A 1P6
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.
- MLS number
- X13417756
- Type
- Land
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- N6A 1P6
- Photos
- 12
- Property tax
- $5,029 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Land
- Class
- Commercial
- Community
- East F
- Municipality
- London East
- Cross street
- Richmond st and Oxford St
- Zoning
- R3-1
Land
- Lot
- 58.74 × 120 feet
- Shape
- Rectangular
Heating, cooling and services
- Water
- Municipal
- Sewer
- Sanitary
Listing
- MLS number
- X13417756
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-06-08
- Expires
- 2027-04-02
- Taxes
- $5,029 (2025)
- Board
- London and St. Thomas Association of REALTORS
Listing history
This address has been listed 2 times.
Where this property is
Where this address sits, matched against open government data.
Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| St Georges Public School Thames Valley DSB | Elementary | 830 m | / 10 75% met the standard |
| Jeanne-Sauvé Public School Thames Valley DSB | Elementary | 806 m | / 10 85% met the standard |
| London Central Secondary School Thames Valley DSB | Secondary | 848 m | / 10 86% met the standard · 2 of 6 measures |
| Old North Public School Thames Valley DSB | Elementary | 1.4 km | / 10 88% met the standard |
| Woodfield French Immersion Public School Thames Valley DSB | Elementary | 1.2 km | / 10 81% met the standard |
| Catholic Central High School London District Catholic School Board | Secondary | 1.3 km | / 10 73% met the standard · 2 of 6 measures |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 640 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35390542 — the few blocks around this address, home to 640 people. It describes the area, not this property.
Percentages are of the 370 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.