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

392 Second Street,Strathroy-Caradoc, ON N7G 3H8

Strathroy-Caradoc, ON N7G 3H8

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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.

Details

MLS #X13859276
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site26
Listing Provided ByRIGHT AT HOME REALTY | X13859276 062200

Features

SQ Feet70,567
Acreage1.62

Exterior

Community FeaturesMajor Highway, Recreation/Community Centre

Utilities

UtilitiesYes
SewerNone

Taxes

Tax Annual Amount5739.17
Tax TypeAnnual
Tax Legal DescriptionPT LT 25, CON 3, SER , PART 1 , 33R6710 ; STRATHROY
Tax Year2025

Area Information

ProvinceON
CountyMiddlesex
CityStrathroy-Caradoc
Postal CodeN7G 3H8
AreaNE
Listing VS Median (in N7G 3H8)
Price:
$3,450,000
low | high
Med:
$1,150,003
100% of Average
sqft:
70,567
low | high
Med:
7,200
100% of Average
$ / sqft:
$49
low | high
Med:
$120
95.026649266304% of Average
On site:
26
low | high
Med:
92.5
28.108108108108% of Average
Sourced by Back At You

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Contact

Learn More About This Property

LAURIE MACDONALD

LAURIE MACDONALD

Coldwell Banker The Real Estate Centre

 (705) 321-1158laurie@fablerealestate.com
ProvinceON
CountyMiddlesex
CityStrathroy-Caradoc
Postal CodeN7G 3H8
AreaNE
Listing VS Median (in N7G 3H8)
Price:
$3,450,000
low | high
Med:
$1,150,003
100% of Average
sqft:
70,567
low | high
Med:
7,200
100% of Average
$ / sqft:
$49
low | high
Med:
$120
95.026649266304% of Average
On site:
26
low | high
Med:
92.5
28.108108108108% of Average
Sourced by Back At You
Listing Updated: October 3, 2026 at 6:27:48 PM PDT

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LAURIE MACDONALD

425 Davis Drive
Newmarket, Ontario L3Y 2P1
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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