$3,450,000
 $18,520 est/mo Sourced by Back At You

392 Second Street,Strathroy-Caradoc (NE), ON N7G3H8

Strathroy-Caradoc (NE), ON N7G3H8

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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. (id:13843)

Details

MLS #X13859276
Listing TypeFor Sale
StatusActive
Days On Site23
Listing Provided ByRIGHT AT HOME REALTY | CHELSEA HILL

Features

ZoningR3-14-H2
Acreage1.62

Interior

Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount5739.17

Area Information

ProvinceON
CityStrathroy-Caradoc (NE)
Postal CodeN7G3H8
Listing VS Median (in N7G3H8)
Price:
$3,450,000
low | high
Med:
$1,485,000
100% of Average
On site:
23
low | high
Med:
57
40.350877192982% of Average
Sourced by Back At You

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Preferred Management

Preferred Management

RECO #4036190Office Administrator, Managerpreferred@sutton.com
ProvinceON
CityStrathroy-Caradoc (NE)
Postal CodeN7G3H8
Listing VS Median (in N7G3H8)
Price:
$3,450,000
low | high
Med:
$1,485,000
100% of Average
On site:
23
low | high
Med:
57
40.350877192982% of Average
Sourced by Back At You
Listing Updated: October 3, 2026 at 5:32:50 PM PDT