775 Wright Street, Strathroy-Caradoc, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of NE. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,299,990 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 182 x 211 ft lot size
- Convenient other garage included
- equipped with no central cooling and highly efficient propane gas heating
Description
775 Wright St is a new-construction industrial building situated on 1 acre of strategically located land in Strathroy's primary industrial area just 4 minutes from the 402. The freestanding 9,600 Sq Ft building includes ICF walls, a steel roof, steel siding, six 14'x14' grade-level motorized overhead doors, and four man doors, providing the opportunity to owner occupy or acquire as an investment. The building is serviced by a 400A hydro service, municipal water and sewer, and propane heat. The vaulted ceiling offers clear height ranging from 16'-19'. M2-11 zoning provides a wide range of uses including Contractor Yard and Shop, Automotive, Truck Terminal, or other General Industrial uses.
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Pricing & Value Insights
Data-driven valuation for 775 Wright Street, Strathroy-Caradoc, ON N7G 3H8
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About Purchasing a Home in Strathroy-Caradoc, ON
For a property listed at $2,299,990 in Strathroy-Caradoc, the legal minimum down payment is $459,998 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 $43,975 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 $43,975.
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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.