$379,900
For sale: Vacant Land

Excellent opportunity to acquire a vacant parcel of Agricultural (AG1) zoned land within the City of London. Located on Gore Road in a rural setting, this property offers a variety of permitted agricultural and rural uses including farming, greenhouse operations, nursery uses, forestry, conservation lands, farm market uses, kennels, and other uses permitted under the AG1 zoning designation.The parcel was severed in 2019 and benefits from several supporting studies and reports completed in connection with previous planning applications, including archaeological assessments, well information, noise impact studies, and Ontario Municipal Board documentation. Planning reports have noted that the surrounding area consists of a mix of rural uses including agricultural operations, natural areas, recreational facilities, and residential properties.Conveniently located with easy access to Highway 401, Veterans Memorial Parkway, and the amenities of London, this property presents an excellent opportunity for agricultural operators, investors, and landowners seeking strategically located rural land.Buyers are advised that the property is currently zoned AG1 and should complete their own due diligence with the City of London regarding permitted uses, zoning regulations, and any future development potential.
Sold data
Homes in Dorchester took a median of 45 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 75, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 80 days.
The median sale price was $799,900.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 41% 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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