111 CRAIG STREET, North Middlesex (Ailsa Craig)

$1,200,000

For sale: Vacant Land

Vacant Land at 111 CRAIG STREET, North Middlesex (Ailsa Craig)
Property type
Land
MLS®
MLS® X14092576
Neighbourhood
Ailsa Craig

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 — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 118 days.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.

Median days to sell
45
Median sale price
$610,700
Sale-to-list ratio
97.7%
Sold above asking
16%

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

Homes for sale near 111 CRAIG STREET