For Sale

44251 TALBOT Line, Central Elgin, Ontario N5P3S7

$2,945,000

44251 TALBOT Line, Central Elgin, Ontario N5P3S7 is For Sale and has a listing price of 2,945,000. The property is located in the Central Elgin neighbourhood. It's been on the website for 144 Days.

  • Vacant Land
    Property Type
  • MLS ID: X8283994
  • Office Name PRIME REAL ESTATE BROKERAGE
Property Description

Prime Real Estate Brokerage is pleased to present an incredible opportunity in the St. Thomasrnindustrial node, near the VW-backed PowerCo SE battery plant. The property consists of 9.7 acres and isrnlocated directly on Highway 3 (Talbot Line). The Municipality of Central Elgin has recently adopted arnnew Official Plan and is in the final stages of implementing a new Zoning By-law. The municipality hasrnconfirmed that this property will have commercial/industrial zoning. This presents a unique opportunityrnto acquire a prime parcel in what will become one of the most active development corridors in thernregion. The property is currently improved with a large 4 bedroom and 2.5 bath home, two barns, arngarage and a roughly 1,000 SF commercial building offering rental income as the property isrnredeveloped. Take advantage of this opportunity to acquire a premium site in the heart of SouthwesternrnOntario’s commercial/industrial boom. (id:43137)

Property Details
  • MLS ID: X8283994
  • Price: $2,945,000
  • Transaction Types: For Sale
  • Ref ID: 26830219
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
04/29/2024 X8283994 $2,945,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Central Elgin
  • $842,853 Average List Price
    based on 1 year
  • 42 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 149.75 % Up
  • Sold (12mo) 87
  • Rented (12mo) 11

  • 1 Month Change +13.9%
  • 3 Month Change -2.7%
  • 6 Month Change +6.7%
Walkscore
Property Type Distribution
  • All Houses
    90.33%
  • Commercial
    6.47%
  • Condo
    2.94%
  • Land for Sale
    0.27%
Additional Details
  • Sewers Septic System
  • Water Municipal Water
  • Property Features Flat Site
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 29/04/2024 00:00:00
  • Zoning R.3b
  • Agent Name: SHANNON GROGAN
  • Last Updated: 13/09/2024 19:20:27
Open House Dates
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