$199,900
For sale: Vacant Land

ATTENTION BUILDERS OR THOSE LOOKING TO GC THEIR OWN HOME. Discover an exceptional opportunity to build in the heart of a family-friendly, emerging market - Parkhill. Build yourself, build with your preferred builder or discuss your plans with SMYTH Built Homes Inc. This 224' DEEP building lot is located in the sought-after Merritt Estates, an ELEVATED, NEWER SUBDIVISION nestled on the quiet, corner edge of town and bordering a 634 ACRE CONSERVATION AREA. This is the final home fronting on Eagle Street to be constructed! Offering R1 Zoning and SERVICES AT LOT LINE - including water, gas, hydro, and high-speed internet, this property is fully equipped for your dream home. The depth of this lot is a rare find in newer subdivisions, providing outstanding space, privacy, and design flexibility. Even more unique, the LOT SIDES ON GREEN SPACE. With the conservation area steps from the property, this makes this a perfect location for enjoying walking, jogging, family nature strolls, or taking the dog out. And SITUATED ON THE END OF A QUIET CUL-DE-SAC, you'll enjoy NO NEIGHBOURS TO THE SOUTH, along with beautiful mature trees and peaceful views. Located 28 MIN TO LONDON, 18 MINUTES TO STRATHROY (home to the closest hospital), and 15 MINUTES TO LAKE HURON'S BEACHES, Parkhill offers both modern conveniences and lifestyle. The community is rich in amenities including an ARENA, Foodland, Tim Hortons, recreation centre, library, restaurants, shops, two elementary schools, high school, plus its own conservation area. With OUTSTANDING VALUE compared to nearby communities and larger city markets, this lot presents a rare chance to secure space, nature, and long-term potential in one of the area's most desirable upcoming communities. Property taxes to be assessed.
Sold data
Homes in North Middlesex (Parkhill) took a median of 44 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 68, across 88 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 67 days.
The median sale price was $637,400.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 88 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.
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