$7,995,000
Adelaide Metcalfe
28711 CENTRE Road, Adelaide Metcalfe, Ontario, N7G3H6
This lot in Adelaide Metcalfe is for sale. It has been on the market 54 days, fresher than the Adelaide Metcalfe average of 76 days.
This exceptional 74 acre offering is located at the Highway 402/Highway 81 interchange to Strathroy. The site includes an initial 22 acres zoned Highway Commercial (CC zoning), providing a broad range of permitted commercial uses and strong development potential. Location & Access Strategically positioned at a major interchange with excellent exposure and traffic flow: 30 minutes west to Sarnia/Port Huron (U.S. border) 30 minutes east to London This corridor supports high visibility for commercial, automotive, hospitality, and service based operations. Services & Infrastructure All municipal services are available at the property line: Municipal sewer Municipal water Hydro Land Characteristics Majority of the acreage is cleared Currently operated as farmland No buildings on site Ideal for phased development or large scale commercial planning Zoning & Permitted Uses The CC (Highway Commercial) zoning allows for a wide spectrum of commercial uses, making the property suitable for numerous high value development opportunities. Permitted uses include: Automotive sales, repair, and service stations Building supply, home improvement, and auto supply stores Furniture and general retail outlets Hotels and motels Outdoor storage and public storage facilities Restaurants, including drive through operations Veterinary services Warehousing and wholesale operations Auction facilities Additionally, the general agricultural zoning component allows for outdoor storage, Offices. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 54 days on market, against an average age of 76 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Adelaide Metcalfe has been listed for 54 days, which is 22 days fresher than the city average of 76. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $7,995,000, about 94.1× the local median household income of $85,000.
Carrying it typically needs a household income of about $1,561,703 (20% down, 25-yr amortization, stress-tested) — roughly 1737% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7G)
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