313 Buchanan Street, Strathroy-Caradoc, ON
This listing is no longer active (Sold)
This property has been sold, leased, or taken off the market. You can view similar active listings below.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of SW. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,900 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
- Premium 66.17 x 264 ft lot size
Description
Prime development opportunity for investors looking to build a multi-unit property. This vacant parcel offers exceptional value, being nearly twice the size of a comparable lot on Scott Street in Strathroy-where a 3-storey, 6-unit building is currently under construction. The Scott Street property recently sold for $420,000, making this lot-priced at $399,900-not only larger but also a better value at $20,000 less. The property is fully cleared and ready for development, with the previous home already removed. Its increased depth provides added flexibility for design and potential unit layout. Don't miss this chance to secure a premium building lot in a growing area at a competitive price point.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 313 Buchanan Street, Strathroy-Caradoc, ON N7G 1K6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Strathroy-Caradoc, ON
For a property listed at $399,900 in Strathroy-Caradoc, the legal minimum down payment is $19,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,474 for this transaction. As this listing is in Strathroy-Caradoc (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,474.
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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.
