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36 Wethered Street, London East, ON N5Y 1G9

London East, N5Y 1G9

$1,049,000
0
Bedrooms
0
Bathrooms

About This Home

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.

Facts & Features

MLS® Number X14033056
Price $1,049,000
Property Type Vacant Land
Bedrooms 0
Bathrooms 0
Lot Size 80 ft × 216.5 ft
Annual Property Taxes $4,174
City London East
Listing Brokerage RIGHT AT HOME REALTY

Location

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Based on this home's list price of $1,049,000.

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Justin Skrypnyk
Justin Skrypnyk
Real Estate Broker
Sutton Group Chapman Realty Inc., Brokerage

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36 Wethered Street, London East, ON N5Y 1G9

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