LONDON, Ontario, 25 August 2025 – Farhi Holdings Corporation (FHC), led by President and CEO Shmuel Farhi, has acquired Westmount Commons in London, Ontario. The property comprises 531,462 square feet of gross leasable area (GLA) on a site of approximately 29 acres, with extensive parking capacity of more than 3,350 spaces (2,400 surface and 950 underground).

“Westmount Commons is an established medical, commercial, professional and retail hub,” said Mr. Farhi. “At the same time, it offers tremendous potential for transformation. Our plan is to preserve and enhance its role as a community anchor while strategically redeveloping underutilized areas into a vibrant, integrated community.”

 

Transaction Overview

• Location & Size: Located in London’s west end, the Commons spans 531,462 sq. ft. of GLA and sits on a site of roughly 29 acres. The municipal address is 785 Wonderland Rd S, London ON, N6K 1M6.
• Transaction: The deal represents one of the city’s largest recent commercial real estate transactions.

Existing Operations

Westmount Commons remains a premier destination for retail, medical services, and Class A office space, consistently driving regional foot traffic and employment.

• Entertainment anchors: Cineplex, Reptilia, YMCA, and Fit4Less.
• Retail mix: Dollarama, Bulk Barrel, Urban Planet, Bell, Superking Supermarket, Zacks, Stylish Plus, Doggo Den Daycare, among many others.
• Medical services: Facilities operated by the London Health Sciences Centre (LHSC), Dini IDA Pharmacy, Cummins Optical, Westmount Family Physicians, Vogue Optical, London Digestive Endoscopy Clinic, and the IRCC-funded South London Neighbourhood Resource Centre Newcomer Settlement Services, among others.
• Professional and technical services: Davis Martindale, the City of London Social Services, Cognition+, ClaimsPro, CMLS Financial, MPAC, Arc Financial Planning, TruStone Financial Planning, Gryphin Advantage, Ontario West Insurance Brokers, Hub Financial Inc., The Beauty Academy, Kumon, and other prominent organisations.

FHC is currently engaged in discussions with leading medical industry specialists and outpatient surgical providers to bring new, state-of-the-art facilities to the site. These additions would build upon Westmount’s established foundation of premium business, technical, and medical space, reinforcing its position as a destination for healthcare and professional services in London. With its combination of high-quality infrastructure, ample parking, and integrated retail and business amenities, the property is uniquely positioned to support the expansion of advanced technical and medical practices, including outpatient care, alongside other professional spaces, in a community-oriented setting.

 

Redevelopment Vision

The City of London has already approved over 1,000 residential units for redevelopment on the site. FHC intends to integrate this new housing with the Commons’s existing commercial and professional functions, creating a mixed-use, Live-Work-Play community. Phased redevelopment will focus on converting underutilised surface parking and excess land while preserving and modernising current retail and business space.

“Our vision is to create a sustainable environment where housing, commerce, and healthcare come together,” Mr. Farhi added. “Westmount Commons has the right scale, location, and tenant mix to evolve into a truly integrated community.”

 

About FHC

Founded by Shmuel Farhi in 1988, Farhi Holdings Corporation (FHC) has grown into one of Southwestern Ontario’s largest privately owned real estate development and investment firms. The company is headquartered in London, Ontario, and oversees more than five million square feet of commercial, residential, retail, hospitality, and business space across Ontario. Over the years, FHC has also acquired over 10,000 acres of land throughout Southwestern Ontario and strategically along the 400-series highways. The firm is widely recognised for transformative projects, particularly those that revitalise heritage architecture, underscoring its commitment to sustainable, community-enhancing developments.