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 15 Days.
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)
| 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 | - | - |