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MLS® X13859276
Strathroy-Caradoc, ON
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.
Broker
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Land
392 Second Street Strathroy-Caradoc
Strathroy-Caradoc
Type
Land
Property Tax
~$5,739/yr
Buying Essentials
Square Feet
2 sqft
Finances
List Price
$3,450,000
Price per SQFT
$1,725,000/sqft
Property Tax
~$5,739/yr
Property Specs
Property Type
Land
MLS Size
2 sqft
Policies & Utilities
Neighbourhood
Strathroy-Caradoc
Listed On
Oct 3, 2026
Major Highway
Recreation/Community Centre
Days on Market
Current: 35 days
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