For Sale

64 High Street, Strathroy-Caradoc (SW), Ontario N7G1G8

$1,299,990

64 High Street, Strathroy-Caradoc (SW), Ontario N7G1G8 is For Sale and has a listing price of 1,299,990. The property is located in the Strathroy-Caradoc neighbourhood. It's been on the website for 23 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • 1
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: X9770327
  • Office Name KELLER WILLIAMS LIFESTYLES
Property Description

Discover an unparalleled investment opportunity at 64 High St West, located in the vibrant heart of Strathroy, Ontario. This prime property offers a rare chance for investors, builders, and developers to capitalize on an incredible development project. The draft plans, currently under review, outline a new 24-unit apartment building. The proposed design includes 8 one-bedroom and 16 two-bedroom units, addressing the growing demand for diverse housing options in the area. Strategically situated in a thriving community, this property benefits from proximity to essential amenities, transportation links, and local services, enhancing its appeal for future residents. The review process for the draft plans is progressing smoothly, and a minor variance application is underway, with optimistic expectations for approval with positive feedback from the municipal level. The existing 7-plex has a great tenant profile, offering 7 units consisting of 1 Bachelor, 3 1 Bed Units, 1 1 Bed + Den, 1 2 Bedroom and 1 3 Bedroom + Den. Seize this unique opportunity to make a substantial impact in Strathroy’s development landscape or buy and hold this great property as it stands and benefit from some serious upside. (id:43137)

Property Details
  • MLS ID: X9770327
  • Bathrooms: 1
  • Price: $1,299,990
  • Transaction Types: For Sale
  • Ref ID: 27600268
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/30/2024 X9770327 $1,299,990 For Sale - -
09/16/2024 X9354825 $1,299,990 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Strathroy-Caradoc
  • $888,851 Average List Price
    based on 1 year
  • 44 New Listings
    based on 30 days
  • 109 Median Days on Market
    based on 1 year
  • List vs. Selling Price 131.49 % Up
  • Sold (12mo) 176
  • Rented (12mo) 11

  • 1 Month Change +19.0%
  • 3 Month Change +21.0%
  • 6 Month Change +4.0%
Walkscore
Property Type Distribution
  • All Houses
    86.85%
  • Commercial
    10.24%
  • Condo
    2.59%
  • Land for Sale
    0.32%
Additional Details
  • Heat Source Natural Gas
  • Heating System Hot Water Radiator Heat
  • Water Municipal Water
  • Total Parking Spaces: 10
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 30/10/2024 00:00:00
  • Zoning Ur5
  • Agent Name: DANIEL KIEKENS
  • Last Updated: 31/10/2024 13:20:37
Open House Dates
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