$1,200,000
For sale: Vacant Land

Discover this shovel-ready infill development opportunity in the heart of growing Ailsa Craig! Strategically located along the Highway 7 commuter corridor, commuters will find it easy to get to London's major employment hubs, ideal positioned for downsizing retirees. You will love how this flat, street-grade 1.34-acre residential parcel features 109.9 ft of frontage along Craig Street. Primed for residential development. Major pre-development work has been completed as a legal severance has been finalized, municipal water/sanitary services are stubbed directly to the boundary, and a preliminary civil engineering report has been completed. Flexible seller financing is available via a Vendor Take-Back (VTB) mortgage for qualified buyers. Don't miss out on this great opportunity!
Sold data
Homes in Ailsa Craig took a median of 44 days to sell over the last 365 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 68, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 118 days.
The median sale price was $610,700.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 32 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

$1,495,000
Vacant Land162-164 MILL STREET, East F, London East

$1,199,900
Vacant Land63 - 725 EAGLETRACE DRIVE, North R, London North

$1,050,000
Other455 DUNDAS STREET, Woodstock - North, Woodstock

$1,950,000
Other41 & 45 ONTARIO STREET S, Grand Bend, Lambton Shores

$1,750,000
Other205 WHARNCLIFFE ROAD S, South E, London South

$1,875,000
Other424 QUEBEC AVENUE, Stephen, South Huron

$1,350,000
Other1 - 37 ONTARIO STREET N, Grand Bend, Lambton Shores

$1,499,900
Multiplex697 HALE STREET, East N, London East