2 James Street, Strathroy-Caradoc, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Melbourne. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $350,000 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 159 x 144 ft lot size
Description
Set on a quiet, private, paved cul-de-sac, this spacious half-acre building lot offers the perfect balance of small-town charm and country-style living. Hydro, natural gas, and municipal water are already available, making it easy to bring your vision to life. With generous space and flexible building potential, you can design and construct the home you've always imagined without typical size restrictions. Enjoy a peaceful setting just minutes from London and quick access to major 400-series highways.
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Property Summary
This vacant land located at 2 James Street, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 156 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 2 James Street, Strathroy-Caradoc is in the Melbourne 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 2 James Street, Strathroy-Caradoc, ON N0L 1T0
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 $350,000 in Strathroy-Caradoc, the legal minimum down payment is $17,500 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 $3,725 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 $3,725.
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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.