96 Wethered ST, London East, ON N5Y 1H3
96 Wethered ST, London East, ON N5Y 1H3
96 Wethered ST, London East, ON N5Y 1H3
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Est. payment /mo
5 Beds
2 Baths
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision East C

MLS Listing ID X13483788

Style Bungalow

Bedrooms 5

Annual Tax Amount $3,655

Tax Year 2025

Property Sub-Type Detached

Property Description

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!

Location

Province ON

County Middlesex

Area Middlesex

Zoning R1-6

Rooms

Family Room Yes

Basement Finished, Full, Separate Entrance, Apartment

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Accessory Apartment, In-Law Suite, In-Law Capability, Carpet Free

Cooling Central Air

Inclusions Fridge, Stove, Dishwasher, Washer, Dryer, Hot Water Heater Owned.

Exterior

Exterior Feature Patio, Porch

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.15

Lot Depth 133.8

Total Parking Spaces 8

Building

Building Age 51-99

Foundation Poured Concrete

Others

Senior Community Yes

ParcelsYN No


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Listed by SAKER REALTY CORPORATION

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Zachary Timmerman

Zachary Timmerman

+1(519) 702-5979

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