Gurvinder Nokwal REALTOR®
For Sale Vacant Land 4 days on market

$1,049,000

Est. payment $4,645/moCalculate yours

36 Wethered Street, London East, ON N5Y 1G9

East, London, ON N5Y 1G9

Listing courtesy of RIGHT AT HOME REALTY MLS® X14033056

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.

Property details

Overview

Property Type
Vacant Land
For
For Sale
Status
New

Lot & Parking

Lot Size
80 x 216.5 Feet
Zoning
R1-6

Financial

Property Taxes
$4,174 (2025)

Location

Neighbourhood
East
Cross Street
Wethered St. & Oxford
Direction Faces
East

Listing

MLS® Number
X14033056
Days on Market
4
Listed On
2026-10-14
Possession
Immediate
Listed By
RIGHT AT HOME REALTY

Mortgage calculator

Minimum for this price: $79,900 (7.62%)

Amortization, years

Estimated mortgage payment

$4,645 per month

Principal and interest
$4,645
Property tax
$348
Estimated monthly cost
$4,993

Your mortgage

Mortgage amount
$839,200
Mortgage insurance
Not needed
Interest over 25 years
$554,224

Cash to close

Down payment
$209,800
Land transfer tax
$17,455
Total, before legal fees
$227,255
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

36 Wethered Street, London East, ON N5Y 1G9 East, London, ON N5Y 1G9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,049,000 36 Wethered Street, London East, ON N5Y 1G9
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