13115 FURNIVAL ROAD, West Elgin

$3,399,000

For sale: Vacant Land

Vacant Land at 13115 FURNIVAL ROAD, West Elgin
Property type
Land
MLS®
MLS® X13092362
Neighbourhood
Rural West Elgin

Prime Commercial Land Opportunity - 55 Acres Bordering Highway 401 Discover an exceptional55-acre commercial property strategically located adjacent to Highway 401, just west of London, Ontario. Offering direct access to one of Canada's busiest transportation routes. 15-AcreProposed Development: Planning is underway for a truck stop and gas station with a food court, designed to attract both local and long-distance travelers. 40 Acres of Highway Commercial Land: Versatile space for development, ideal for, industrial facilities, or service-oriented businesses. Additional structures include: a double-story house and barn, which can be repurposed for various uses. This property offers a unique opportunity for investors and developers to leverage a high-traffic location for diverse commercial projects.

Sold data

Homes in West Elgin — recent sold market

Homes in West Elgin took a median of 33 days to sell over the last 365 days, with the quickest quarter selling within 23 days and the slowest quarter taking more than 54, across 70 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.

The median sale price was $449,450.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
33
Median sale price
$449,450
Sale-to-list ratio
96.3%
Sold above asking
6%

Based on 70 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 13115 FURNIVAL ROAD