Land · For sale

36 Wethered Street, London East

$1,049,000

Listing brokerage: RIGHT AT HOME REALTY · MLS® X14086802

Listing brokerage

RIGHT AT HOME REALTY

Type

Land

Deal

For sale

Category

Land · Commercial and industrial land

Size

593.83 sq ft

Lot

80 x 216.5 ft

Area

East C

MLS® number

X14086802

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.

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