55861 Third Street, Bayham, ON

$299,900
MLS#:X12075590
0 beds
0 baths
< 700 sqft
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Other"] vacant land located in the coveted neighborhood of Straffordville. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $299,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 66 x 132 ft lot
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient forced air heating via propane

Building Lot * Double Bay Shop * Sewer hookup at Lot Line * Discover a fantastic opportunity at 55861 3rd Street in Straffordville! This 66-foot by 132-foot vacant building lot comes with a ready-to-use 24 by 29-foot shop, perfect for all your projects. The shop features double garage doors that are 10 feet wide and 8 feet tall, making access a breeze. Inside, you'll find a propane gas furnace, spray foam insulation on the walls, and Roxal insulation in the ceiling, ensuring comfort year-round. Complete with plywood interior walls and an engineered concrete pad, providing durability for years to come. To top it off, the shop includes a 9,000-pound hoist, making it ideal for automotive work or heavy lifting. Hydro, natural gas and sewers are at the road, sewer location has been confirmed by municipal locate. Don't miss out on this unique property!

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Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 18, 2025
Sold price information is available to members only
Listed Date4/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
ConstructionMetal/Steel Siding
Lot Size66 × 132 Feet
CountyElgin
Annual Tax$1,008.72
Legal DescriptionLOT 15 S/S THIRD ST PLAN 205 MUNICIPALITY OF BAYHAM

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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55861 Third Street, Bayham, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Straffordville, Bayham.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$688,660

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Straffordville
Public9188 Plank Road, Bayham, Ontario, N0J 1Y0
2.5

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 55861 Third Street, Bayham, ON N0J 1Y0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$239,920
Monthly Mortgage$1,394
Property Tax (Est.)$84
Utilities & Maint.$350
Total Monthly Cost$1,828

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Bayham.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.