$1,299,990
 $6,979 est/mo Sourced by Back At You

64 High Street W , Strathroy-Caradoc (SW), ON N7G1G8

Strathroy-Caradoc (SW), ON N7G1G8

Share with a friend

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:374)

Details

MLS#X9770327
Listing TypeFor Sale
StyleTown House
StatusActive
Days On Site8
Listing Provided ByKELLER WILLIAMS LIFESTYLES | DANIEL KIEKENS

Features

Bath(s) 1 Total
SQ Feet17,125
ZoningR3
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 CREA. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 3 minutes ago
ProvinceON
CityStrathroy-Caradoc (SW)
Postal CodeN7G1G8
Listing VS Median (in N7G1G8)
Price:
$1,299,990
low | high
Med:
$1,299,990
50% of Average
SqFt:
17,125
low | high
Med:
17,125
50% of Average
$ / SqFt:
$76
low | high
Med:
$76
50% of Average
On Site:
8
low | high
Med:
8.000000
100% of Average
Sourced by Back At You
Listing Updated: October 31, 2024 at 5:47:00 AM PDT