287 Oak Avenue, Strathroy-Caradoc, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of SW. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,200,000 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 75 x 360 ft lot size
- Notable attributes: None
Description
Prime Infill Development Opportunity in the Heart of Strathroy! Attention developers and builders - don't miss this rare chance to acquire a 2.193-acre parcel ideally located in one of Strathroy's most desirable and fast-growing neighborhoods. This expansive lot offers exceptional potential for residential infill development, including townhouse condominiums or other medium-density housing options (subject to approvals). Located just steps from schools, parks, shopping, and essential amenities with quick access to Hwy 402287 Oak Avenue is perfectly positioned for future growth and strong buyer demand. Explore the possibilities and unlock the full value of this strategically located site.
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Property Summary
This vacant land located at 287 Oak Avenue, Strathroy-Caradoc is currently for sale and has been available on SousaSells for 345 days. This property is listed at $1,200,000 with an estimated mortgage of $3,994* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 287 Oak Avenue, Strathroy-Caradoc is in the SW 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 287 Oak Avenue, Strathroy-Caradoc, ON N7G 3A9
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 $1,200,000 in Strathroy-Caradoc, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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.