156 BORDEN AVENUE, Central Elgin (Belmont)
$459,000
For sale: Vacant Land
- Property type
- Land
- MLS®
- MLS® X13498024
- Neighbourhood
- Belmont
Own the corner. HC-zoned commercial land at one of Belmont's highest-visibility intersections - Borden Avenue (County Road 34) and Lorne Street - in a village growing fast, just 20 minutes from London and 12 from St. Thomas.This location already works. The property anchors a proven commercial node, flanked by a gas station, convenience, and Tim Hortons to the west and an auto dealership and service shop to the east. Borden Avenue is the main artery through town - thousands of eyes on this corner every day. Zoned HC (Highway Commercial), the door is wide open: retail, office, restaurant, personal service, automotive, medical, and more. At ~800.6 sq m, it's one of the last commercially zoned parcels left in the village - two driveway accesses, full municipal sewer connected, services in place and ready to build. Want to double down? Severance potential into two parcels means two buildings, two tenants, two income streams - or one signature commercial build that owns the intersection. Corners like this don't come twice. Survey and appraisal available. Buyers to satisfy themselves through independent due diligence.
Sold data
Homes in Belmont — recent sold market
Homes in Belmont took a median of 31 days to sell over the last 730 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 57, across 49 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $674,900.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
- Median days to sell
- 31
- Median sale price
- $674,900
- Sale-to-list ratio
- 97.7%
- Sold above asking
- 12%
Based on 49 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 156 BORDEN AVENUE
$468,800
Semi-Detached/Link321,100–1,500 sqft22 ROSAMOND CRESCENT, South X, London South
$459,900
Detached32700–1,100 sqft27 VILLENEUVE CRESCENT, East I, London East
$445,000
Detached321,100–1,500 sqft764 KING STREET, East L, London East
$449,900
Detached32700–1,100 sqft1874 CHURCHILL AVENUE, East H, London East
$429,000
Other1 - 336 WELLINGTON ROAD, South A, London South
$434,900
Semi-Detached/Link32700–1,100 sqft7 FANJOY DRIVE, St. Thomas, St. Thomas
$459,000
Detached421,500–2,000 sqft52 PRINCESS AVENUE, St. Thomas, St. Thomas
$475,999
Other1829 ADELAIDE STREET N, North B, London North