$4,600,000
For sale: Vacant Land

PRIME SOUTHWESTERN ONTARIO Development Opportunity! Site options include: Com/Retail (approx 27,000sqft bldg), Hotel (approx 103 rooms w/5000sqft restaurant), Res/Com (approx 72 units), Residential (approx 153 units). MERCATO Square is arguably one of Windsor/Essex County's fastest growing areas. Proof? Within 2.5km radius = Canada's 1st $5 Billion NextStar Energy Battery plant, 3 proposed retirement facilities, approx 18+ new condo/multi-res buildings, 1000's of planned new homes, heavy global AAA tenant presence, new hotels and immediate access to EC Row via the future Government funded $122 Million EC Row + Banwell intersection/4 lane overpass. Additionally ""The Epicenter of Windsor/Essex"" is within 5km of the NEW $2.5 Billion Mega Hospital and International airport + 10km from 1 of 3 International Border crossings. This 2.65 acre site zoned CD2.1 is an IDEAL CMHC Funded project and all but guarantees absolute success to any future investor/developer.
Sold data
Homes in Windsor took a median of 34 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 57, across 72 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $494,450.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 22% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 72 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.
Schools
Windsor has 67 Fraser Institute–rated schools (53 elementary and 14 secondary), averaging 5.9/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$2,749,000
Vacant Land629 HIGH TECH DRIVE, Lakeshore

$2,749,000
Vacant Land625 HIGH TECH DRIVE, Lakeshore

$2,800,000
Vacant Land11 DIMAR DRIVE, Kingsville

$2,599,000
Vacant Land1504 MCDOUGALL STREET, Windsor

$3,400,000
Vacant LandV/L Otter LINE, Wallaceburg

$4,000,000
Vacant Land775 RIVERSIDE DRIVE East, Windsor

$2,600,000
Vacant Land900 Park AVENUE West, Chatham

$6,450,000
Vacant LandV/L CENTRAL AVENUE, Windsor