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:4555)
PROPERTY SPECS
Listing ID X12218834
Address 400 SECOND STREET
City Strathroy Caradoc (NE), ON
Price $1,749,900
Bed / Bath 4 / 4 Full
Construction Brick, Vinyl siding
Land Size 125 x 400 FT
Type House
Status For sale
EXTENDED FEATURES
AppliancesWater HeaterBasementN/ABasement DevelopmentFinishedParking10OwnershipFreeholdConstruction Style Split LevelSidesplitCoolingCentral air conditioningFoundationConcreteHeatingForced airHeating FuelNatural gasUtility WaterMunicipal waterDate Listed2025-06-13 18:00:57Days on Market3Parking10