$999,900
For sale: Vacant Land

Attention developers and builders! Residential development opportunity situated minutes from downtown Strathroy. This 1.06-acre parcel offers excellent potential for residential development in one of Strathroy's premier locations. The Seller has already cleared the property and completed the following: Phase I Environmental Study (Phase II not required), Geotechnical Study and Boundary Survey. Conveniently located just steps from schools, parks, shopping and everyday amenities. This development ready property offers a great opportunity for developers and builders looking to bring their next project to life.
Sold data
Homes in Se took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 60, across 80 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $598,750.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 80 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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