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For sale · MLS® X14033056

36 Wethered Street, London East, ON N5Y 1G9

London East, ON N5Y 1G9

$1,049,000Asking price
0 Bedrooms0 Bathrooms— Reported areaVacant Land Type

About this property

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 facts & features

Property type
Vacant Land
MLS® number
X14033056
Source status
New
Bedrooms
0
Bathrooms
0
Reported interior area
Not provided
Neighbourhood
Not provided
Postal code
N5Y 1G9
Lot depth (source units)
216.5
Annual property tax
4174
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

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Property value & listing history

Current authorized listing record

New · $1,049,000

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

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Listing brokerage: RIGHT AT HOME REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14033056. Information deemed reliable but not guaranteed.

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