79 FRONT STREET W, Strathroy-Caradoc (NW)
$799,000
For sale: Other
- Property type
- Investment
- MLS®
- MLS® X13638130
- Neighbourhood
- NW
Located in the heart of downtown Strathroy, this well-maintained mixed-use property offers a solid investment opportunity with stable, diversified income. The building comprises five fully leased units, including two established street-front retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper floor.The retail units benefit from long-standing tenancies and strong visibility, while the residential units are well laid out and consistently rented. A private rear yard and on-site parking for up to four vehicles further enhance tenant appeal and functionality.With reliable tenants in place who have demonstrated a desire to remain, the property provides immediate cash-flow stability. Over time, there is potential for rental growth and value enhancement through thoughtful management and updates. An excellent opportunity to acquire a versatile, income-producing asset in a growing and well-serviced downtown core.
Sold data
Homes in Strathroy-Caradoc (NW) — recent sold market
Homes in Strathroy-Caradoc (NW) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 66, across 85 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $578,000.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
- Median days to sell
- 29
- Median sale price
- $578,000
- Sale-to-list ratio
- 97.6%
- Sold above asking
- 11%
Based on 85 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
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