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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.
City: Strathroy Caradoc
Neighborhood: NE
Purchase Price | $1749900 |
Down Payment | $349980 |
Mortgage Insurance | $0 |
Total Mortgage | $1399920 |
Mortgage Payment | $8627 |
Property Taxes | $408 |
Maintenance Fees | $0 |
Monthly Payment | $9034 |
Sold Comparables homes near Second St, Strathroy Caradoc
Located at 400 Second St , this Strathroy Caradoc house is available for sale. This property was listed for $1,749,900 on Fri Jun 13 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 10 parking spots. 400 Second St, Strathroy Caradoc is situated in the NE neighbourhood.
MLS#: X12218834 · $1,749,900 · 4 bedroom house in NE, Strathroy Caradoc