$ 1,299,990
64 HIGH STREET W Strathroy-caradoc (sw), ON N7G1G8
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,299,990
Est. payment /mo
New
64 HIGH STREET W Strathroy-caradoc (sw), ON N7G1G8
1 Bath
17,125 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,125 sqft
Price per Sqft $75
Subdivision Sw
MLS® Listing ID X9770327
Originating Board London and St. Thomas Association of REALTORS�
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:24570)
Location
Province ON
Interior
Heating Hot water radiator heat
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 10
Private Pool No
Listed by KELLER WILLIAMS LIFESTYLES
GET MORE INFORMATION
QUICK SEARCH