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$ 1,350,000
Est. payment /mo
Price Dropped by $399K
400 SECOND STREET Strathroy-caradoc (ne), ON N7G3H8
4 Beds
4 Baths
1,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $900
Subdivision Ne
MLS® Listing ID X12218834
Bedrooms 4
Property Sub-Type Freehold
Source London and St. Thomas Association of REALTORS®
Property Description
Rare 1.15-acre site in Strathroy, designated for medium-density residential in the Official Plan. Preliminary planning input suggests the potential for a 4-storey, 52-unit apartment building, with a neighbouring site already having site plan approval for a 45-unit development. Currently zoned R4 and located within a future development zone, offering strong upside for developers or investors. The property also includes a well-maintained 4-bed, 4-bath home with finished basement, pool, outbuildings, and 2-car garage ideal for rental income or owner use during the planning process. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Fireplaces Number 1
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 10
Private Pool Yes
Building
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by A TEAM LONDON