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For sale · MLS® X13859276

392 Second Street, Strathroy-Caradoc, ON N7G 3H8

Strathroy-Caradoc, ON N7G 3H8

$3,450,000Asking price
— Bedrooms— Bathrooms1.62 Reported areaLand Type

About this property

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.

Property facts & features

Property type
Land
MLS® number
X13859276
Source status
New
Bedrooms
Not provided
Bathrooms
Not provided
Reported interior area
1.62
Neighbourhood
Not provided
Postal code
N7G 3H8
Lot depth (source units)
401.01
Annual property tax
5739.17
Basement
Not provided
Laundry
Not provided
Interior features
Not provided
Exterior features
Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Current authorized listing record

New · $3,450,000

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Location & neighbourhood

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Listing brokerage: RIGHT AT HOME REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13859276. Information deemed reliable but not guaranteed.

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