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For Sale

36 Wethered Street, London East, ON N5Y 1G9

$1,049,000

  • Land
  • MLS® X14086802

Listing Brokerage: RIGHT AT HOME REALTY

Description

OUTSTANDING SHOVEL-READY DEVELOPMENT OPPORTUNITY! (LOT FRONT-80, DEPTH - 216.50 FEET)An exceptional opportunity to acquire a fully zoned and Site Plan Approved 8-unit residential development in a highly desirable location, approximately one block from Fanshawe College. The approved development consists of two 2-storey semi-detached dwellings containing a total of 4 residential units, plus one 2-storey cluster townhouse development containing 4 residential units, for a total of 8 residential units and 12 on-site parking spaces. Major planning approvals are already secured, significantly reducing entitlement risk and allowing the successful purchaser to move efficiently toward construction while saving valuable time and pre-development costs. The location is ideally suited for student housing and rental investment, with Fanshawe College approximately one block away and a bus stop conveniently located at the property. The property is also directly across from Tim Hortons, Finch Nissan and other amenities, providing excellent convenience for future residents. Enjoy easy access to major highways, shopping centres, schools, recreational and sports facilities, public transit and numerous other amenities. A rare opportunity to acquire a development-ready, income-oriented residential project in a strategic location near Fanshawe College. An excellent option for builders, developers and investors seeking an approved project with significant time and entitlement savings.

Property details

MLS® number
X14086802
Transaction
For Sale
Property type
Commercial
Style / use
Land
Community
East C
City
London East
Building area
593.83 Square Feet
Lot width
80 Feet
Lot depth
216.5 Feet
Taxes
$4,174.00
Tax year
2025
Listing brokerage
RIGHT AT HOME REALTY

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