633 Lions Park Drive, Strathroy-Caradoc, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Mount Brydges. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $999,900 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 88.72 x 107.84 ft lot size
- Convenient other garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Just under 6000 Sq Ft Multiple use Commercial / Residential building. Located at the entrance to the Arena, Community Centre, Parks, Baseball and Soccer fields. The Building features 5 main floor units with own washrooms that add up to 3650 sq ft and could be used for retail, offices, medical and wellness services. plus includes 1 apartment and 1 potential apartments of about 2200 sq ft.. The Building is well maintained with a newer all steel roof, windows and 2 new furnaces 2 years ago. The one apartment has new hardwood throughout and features kitchen with island , fireplace in the Livingroom and huge bath with separate shower and jacuzzi tub . Parking for over 20 cars. UNITS would be easily combined to make larger spaces SEE ATTACHED DOCUMENT for potential rents and present expenses. It could easily produce $85,000 Net Income which is approximately a 25% return on investment.
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No
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Major Highway, Recreation/Community Centre
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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 633 Lions Park Drive, Strathroy-Caradoc, ON N0L 1W0
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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 $999,900 in Strathroy-Caradoc, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.
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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.
