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Listed price in listed location currency (CAD).
$3,450,000

000

MLS® X13859276

Overview

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage 
Taxes $5,739
Days Active 6
Lot Size 1.62 Acres
Approx. Age 
MLS® Number X13859276

Property Address: 392 2nd St, Strathroy, ON, N7G3H8

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional opportunity for builders, developers, or investors to acquire a 1.62-acre residential lot in Strathroy-Caradoc now zoned R3-14-H2. The property has a recently approved minor variance for a 3-storey, 63-unit residential building, plus a conditional draft site plan agreement and architectural drawings for a 3 storey 48 unit residential building, which can shorten the path to construction. In the meantime, the property generates income from an existing 2, 000 sq. ft. ranch-style bungalow, currently tenanted. This is a rare property in a growing Southwestern Ontario market, about 35 km west of London with convenient access to Highway 402, directly across from Strathroy District Collegiate Institute, Holy Cross Catholic Secondary School and Gemini Sportsplex.
MLS® NumberX13859276
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $3,450,000

For Sale · 5 days

$3,450,000

MLS® X13859276

5 days ago

Not Sold Yet

October 2026, For Sale for $3,450,000

For Sale · 5 days

$3,450,000

MLS® X13859276

5 days ago

Not Sold Yet

June 2022, Sold for $2,700,000

Sold · 10 days

$2,700,000$2,600,000

MLS® 40277082

4 years ago

Sold on Jun 23, 2022

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