539 Albert Street, Strathroy-Caradoc, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of NW. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,400,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 433.07 x 189.22 ft lot size
Description
DEVELOPMENT OPPORTUNITY IN STRATHROY READY FOR PERMIT! This property offers almost 2 acres of vacant land in the heart of Strathroy. Site plan approved for an 85-unit building with services already at the road. The owners have gone through the process of re-zoning the property for a multi-family development. The purchase price includes a development package including surveys, site plan, zoning, geotechnical, all designs and plans etc.
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Property Summary
This land located at 539 Albert Street, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 349 days. This property is listed at $3,400,000 with an estimated mortgage of $11,317* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 539 Albert Street, Strathroy-Caradoc is in the NW neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 539 Albert Street, Strathroy-Caradoc, ON N7G 1X1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Strathroy-Caradoc, ON
For a property listed at $3,400,000 in Strathroy-Caradoc, the legal minimum down payment is $680,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $71,475 for this transaction. As this listing is in Strathroy-Caradoc (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $71,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.