$1,049,000
Est. $4,914/mo mortgage
36 Wethered Street · London, N5Y 1G9
MLS® X14033056
Listed Oct 14, 2026
Listing courtesy of Right At Home Realty·Listing last changed 8 hours ago
Key facts
- Property type
- Vacant Land
- Lot size
- 80 × 216.5 ft · Not Applicable acres
- Property tax
- $4,174/yr (2025)
Description
OUTSTANDING SHOVEL-READY DEVELOPMENT OPPORTUNITY!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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Property details
Building & lot
- Type
- Vacant Land, Other
- Lot size
- 80 × 216.5 ft · Not Applicable acres
Fees & taxes
- Property tax
- $4,174/yr (2025)
Schools nearbyclosest is Blessed Sacrament Separate School, 360 m
Elementary
- 4.8
Blessed Sacrament Separate School
360 m · Grades JK-8
London District Catholic School Board
- 5.3
Sir John A Macdonald Public School
410 m · Grades JK-8
Thames Valley District School Board
Robarts Provincial School for the Deaf
790 m · Grades JK-8
Provincial
Secondary
- 3.3
John Paul II Catholic Secondary School
690 m · Grades 9-12
London District Catholic School Board
Robarts Provincial School for the Deaf
790 m · Grades 9-12
Provincial
Robarts/Amethyst Demonstration Secondary School
790 m · Grades 9-12
Provincial
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $5,731/mo all in
Monthly payment estimate
Land transfer tax$17,455 on closing
Ontario LTT
$17,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 14, 2026
Affordabilityneeds $253,000 household income
Minimum household income required
$253,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
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