For Sale: 392 Second Street, Strathroy, ON - REW
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$3,450,000
0 bd • ba • sf • Land/Lot
392 Second Street
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$3,450,000
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392 Second StreetStrathroy, ON, N7G 3H8

  • 0 Bed
  • Bath
  • Sqft
  • Land/Lot

About this home

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.
Listed by: Chelsea Hill, Salesperson, RIGHT AT HOME REALTY

Home facts and features

Price details
List Price
$3,450,000
Get Pre-Approved
Gross Taxes for 2025
$5,739
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
175 ft x 401 ft (1.62 acres)
Depth
401.01
Frontage
175.44
Features
Major Highway, Recreation/Community Centre
Agent details
Primary Agent
Chelsea Hill
Primary Broker
RIGHT AT HOME REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13859276
Source
Toronto Real Estate Board
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Strathroy District Collegiate Institute
  • Public
  • 9 - 12
North Meadows Elementary School
  • Public
  • JK - 8
Holy Cross Catholic Secondary School
  • Catholic
  • 9 - 12
Our Lady Immaculate School
  • Catholic
  • JK - 8
J. S. Buchanan French Immersion Public School
  • Public
  • K - 8
St Vincent de Paul School
  • Catholic
  • JK - 8
Mary Wright Public School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Chelsea Hill
Phone:
647-239-7332
Office:
416-391-3232
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