96 Wethered Street, London - East (East C) ON

About 96 Wethered Street

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! (id:56071). Get more information on 96 Wethered Street

Property Features

Appliances:  Dishwasher, Dryer, Stove, Water Heater, Washer, Refrigerator
Features:  Carpet Free, In-Law Suite
Rental Equipment:  
Directions:  Oxford St & Wethered St
Zoning Description:  R1-6
Interior Size (Approximate):  700 - 1100 sqft
Lot (Approximate):  60.2 x 133.8 FT 60.2 x 133.8 FT
Exterior Finish:  Brick, Stone
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate): 51 to 99 years
Foundation: Poured Concrete
Basement:  N/A (Finished), Full, N/A, N/A Finished

Rooms & Sizes

(Approximate)