192 WATER STREET, Lucan Biddulph (Lucan)

$199,900

For sale: Vacant Land

Vacant Land at 192 WATER STREET, Lucan Biddulph (Lucan)
Property type
Vacant Land
MLS®
MLS® X13630380
Neighbourhood
Lucan

Rare opportunity to own a 0.36-acre R1-zoned lot in the heart of Lucan, just 15 minutes fromLondon. This generous 123 ft x 128 ft parcel offers excellent potential for future residentialdevelopment (subject to municipal approvals). Municipal services, including hydro, water,sewer, and natural gas, are available at the property line. Buyers are responsible forconducting their own due diligence with the Municipality of Lucan Biddulph regarding zoning,permitted uses, development potential, servicing, and all applicable approvals. The Sellermakes no representations or warranties regarding future development or permitted uses.

Sold data

Homes in Lucan — recent sold market

Homes in Lucan took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 72, across 69 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.

The median sale price was $610,000.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$610,000
Sale-to-list ratio
98.1%
Sold above asking
17%

Based on 69 recorded sales in the last 1 year — 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 192 WATER STREET