$639,900
Est. payment $2,833/moCalculate yours
96 Wethered Street, London East, ON N5Y 1H3
East, London, ON N5Y 1H3
- 3 + 2 Beds
- 2 Baths
- 2 Garage
- 700 Sq Ft
Listing courtesy of SAKER REALTY CORPORATION MLS® X13837642
About this home
Fully Permitted Renovation with In-Law Suite & 26′ x 30′ Detached Shop! Welcome to 96 Wethered St. Opportunities like this are rare. Featuring two fully renovated dwellings and a massive detached shop, this versatile property is ideal for investors, multi-generational families, or owner-occupants looking to offset their mortgage. Located just 1.7 km from Fanshawe College, the property offers exceptional income potential. With projected rents of $850 per bedroom plus approximately $750/month for the shop, the property has the potential to generate $5,125/month in gross income, representing an estimated 7.97% cap rate. Step inside and you’ll immediately notice durable luxury vinyl plank flooring throughout. The bright, open-concept main floor features an island kitchen with quartz countertops, an Italian inspired backsplash, fluted range hood and brand-new stainless steel appliances. Down the hall are three bedrooms and an updated 3-piece bathroom with quartz counters, black fixtures and beautiful sconces. A separate entrance leads to the lower level, where you’ll find another bright living space with high ceilings, an open-concept kitchen, living and dining area, quartz countertops, stainless steel appliances, two bedrooms, and a full bathroom. Outside, the manicured yard is complemented by a 120-foot paved driveway leading to the impressive 26′ x 30′ detached shop. Perfect for vehicle storage, hobbies, a workshop, or additional rental income. A garden shed provides even more storage space. This fully permitted renovation also includes major updates for peace of mind: Furnace (2025), A/C (2025), Roof (2025), Plumbing (2025), Electrical (2025), Basement Windows (2025), and Paved Driveway (2026). A turnkey property offering flexibility, functionality, and exceptional income potential. Book your showing today!
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Separate Entrance, Full, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete, Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 60.15 x 133.8 Feet
- Parking
- Detached garage · 12 total
- Zoning
- R1-6
Financial
- Property Taxes
- $3,655 (2025)
Location
- Neighbourhood
- East
- Cross Street
- Oxford St & Wethered St
- Direction Faces
- East
Listing
- MLS® Number
- X13837642
- Days on Market
- 20
- Listed On
- 2026-09-28
- Possession
- Immediate
- Listed By
- SAKER REALTY CORPORATION
Features
Interior
- Accessory Apartment
- Carpet Free
- In-Law Capability
- In-Law Suite
- Primary Bedroom - Main Floor
- Water Heater Owned
Pool
- None
- Included
- Fridge, Stove, Dishwasher, Washer, Dryer, Hot Water Heater Owned.
Mortgage calculator
Estimated mortgage payment
$2,833 per month
- Principal and interest
- $2,833
- Property tax
- $305
- Condo fees
- $0
- Estimated monthly cost
- $3,138
Your mortgage
- Mortgage amount
- $511,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $338,082
Cash to close
- Down payment
- $127,980
- Land transfer tax
- $9,273
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $137,253
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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