LOADING

392 Second Street Strathroy-Caradoc, Ontario N7G 3H8

2 ac
Acreage

$3,450,000

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:12481)

Business

BusinessType Residential
BusinessSubType Residential

Property Details

MLS® Number X13859276
Property Type Vacant Land
Community Name NE
AmenitiesNearBy Highway, Recreation

Building

SizeInterior 2 Ac
UtilityWater Municipal Water

Land

Acreage Yes
LandAmenities Highway, Recreation
SizeDepth 401 Ft
SizeFrontage 175 Ft ,5 In
SizeIrregular 1.62
SizeTotal 1.62 Ac
SizeTotalText 1.62 Ac
ZoningDescription R3-14-h2

https://www.realtor.ca/real-estate/30361938/392-second-street-strathroy-caradoc-ne-ne

Contact Us

Get in touch with us for more information!


Phil Spoelstra
Broker of Record

(519) 870-7325
(519) 667-1958
www.farmontario.com

RE/MAX Centre City Phil Spoelstra Realty, Brokerage
34 Grandview Crescent
London, Ontario N6K 2Y2

(519) 667-1800
(519) 667-1958
www.farmontario.com

Ron Steenbergen
Broker

(226) 234-8239
(519) 667-1958
www.farmontario.com/

RE/MAX Centre City Realty Inc., Brokerage
675 Adelaide Street North
London, Ontario N5Y 2L4

(519) 667-1800
(519) 667-1958
www.centrecityrealty.com