36 Wethered Street, London East

$1,049,000
36 Wethered Street

$1,049,000

New
9d
Vacant Land

36 Wethered Street, London East

Total Monthly Obligation $4,954

Beds
0
Baths
0
Park
0
DOM
9d
Property Type-Vacant Land
MLS® Number-X14033056
Beds-0
Lot Size-80 × 216.5 ft
Listed on site-Oct 14, 2026
Building Type-Vacant Land
Taxes-$4,174 (2025)
Brokerage-RIGHT AT HOME REALTY
Laundry-No
Fireplace-No
Pool-None
Facing-East
Possession-Immediate
Neighbourhood-East C
Title-Residential Freehold

No agent assigned

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.

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Closing Costs

Mortgage Amount
$839,200
Land Transfer Taxes$17,455
Legal Fees (Est.)
$
Total cash required for closing$228,755

Total Monthly Obligation

$4,954/mo
Mortgage $4,231
Monthly Loss $3,841
Principal$1,113
Interest$3,118
Property Tax$348
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 36 Wethered Street

Time

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