36 Wethered Street, London East (East C), Ontario N5Y1G9

Listing courtesy of RIGHT AT HOME REALTY.

$1,049,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,049,000
MLS®
X14033056
Days on Market
13
Status
ACTIVE
Type
Land
Subtype
Vacant Land
Lot Size Dimensions
80 x 216.5 FT
Subdivision
East C

Property 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. (id:5764)

Additional Information

Subdivision
East C
Country
Canada

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks