15456 Elginfield Road, Lucan Biddulph, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Rural Lucan Biddulph. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,990,000 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 3 Bathrooms
- Premium 524 x 393 ft lot size
- equipped with partial central cooling and highly efficient gas forced air closed heating
Description
Excellent opportunity for a Commercial Building on 4.56 acres, North of London on Elginfield Road, West of St. Marys. Main building, consists of large retail/showroom, with receptionist counter, parts counter, service department area, 8 offices, boardroom and 2 bathrooms. Epoxy flooring and generous lighting throughout. Mezzanine includes, 4 offices, staff lunch/training room and additional storage. Main Warehouse area features in-floor heating with 2 loading docks, two roll up doors and 5 man doors, receiving office, bathroom and staff locker room. Natural Gas heating and 400 amp service. Back Warehouse/Shop is 4000 sq ft. - with three overhead doors and two man doors, radiant tube heating. Excellent exposure on high traffic road for displaying equipment, yard space for inventory and plenty of parking for customers and staff. Just Over 20,000 sq ft with an additional 2100 sq ft Cover-All. Cover-All has new cover in 2025. Property is Zoned C3 Farm Commercial.
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Pricing & Value Insights
Data-driven valuation for 15456 Elginfield Road, Lucan Biddulph, ON N0M 1V0
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About Purchasing a Home in Lucan Biddulph, ON
For a property listed at $2,990,000 in Lucan Biddulph, the legal minimum down payment is $598,000 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 $61,225 for this transaction. As this listing is in Lucan Biddulph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $61,225.
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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.