64 High St W

Strathroy-Caradoc | SW | N7G 1G8
  • 0
  • 7
  • 0

$1,299,990

Est. Mtg $4,408 /mo
  • Days on market

    29

  • Status

    New

Listing Broker KELLER WILLIAMS LIFESTYLES
Since listed: 0 views

Home details

MLS #:

X9354825

Property type:
Multiplex
Style:
2-Storey
Taxes:
$11,675
Possession:
Flexible
Lot Front:
130.0   Feet
Lot Depth:
130.0   Feet
Basement:
Crawl Space | Part Bsmt
Driveway Pkg:
10
Heat:
Other | Other

Description


64 High St W, , Strathroy-Caradoc, Ontario is a Multiplex property in Strathroy-Caradoc and in the SW community in the N7G 1G8 postal code


Discover an unparalleled investment opportunity at 64 High St West, located in the vibrant heart of Strathroy, Ontario. This prime property offers a rare chance for investors, builders, and developers to capitalize on an incredible development project. The draft plans, currently under review, outline a new 24-unit apartment building. The proposed design includes 8 one-bedroom and 16 two-bedroom units, addressing the growing demand for diverse housing options in the area. Strategically situated in a thriving community, this property benefits from proximity to essential amenities, transportation links, and local services, enhancing its appeal for future residents. The review process for the draft plans is progressing smoothly, and a minor variance application is underway, with optimistic expectations for approval with positive feedback from the municipal level. The existing 7-plex has a great tenant profile, offering 7 units consisting of 1 Bachelor, 3 1 Bed Units, 1 1 Bed + Den, 1 2 Bedroom and 1 3 Bedroom + Den. Seize this unique opportunity to make a substantial impact in Strathroy's development landscape or buy and hold this great property as it stands and benefit from some serious upside..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-09 $1,299,990 $1,299,990 New X9354825
2024-01 $310,000 $310,000 X7524069
2024-01 $409,000 $409,000 X7421910
2024-01 $209,000 $209,000 X7598618

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Strathroy-Caradoc :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 64 High St W

Based on available 3rd party data

$5515

Approximate costs per month

Mortgage
$4408 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$972 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker KELLER WILLIAMS LIFESTYLES
Data Source: TRREB

Payment calculator

$5380 monthly. In association with: TD Bank
%
  • Principal and Interest
    4408 /mo
  • Property Taxes
    $972 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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