156 Borden Avenue, Central Elgin (Belmont) - Vacant Land for Sale
156 Borden Avenue, Central Elgin (Belmont), Ontario, N0L1B0
ft²
$459,000
Central Elgin
156 Borden Avenue, Central Elgin (Belmont), Ontario, N0L1B0
$459,000
Central Elgin
This lot in Central Elgin is for sale.
Own the corner. HC-zoned commercial land at one of Belmont's highest-visibility intersections - Borden Avenue (County Road 34) and Lorne Street - in a village growing fast, just 20 minutes from London and 12 from St. Thomas.This location already works. The property anchors a proven commercial node, flanked by a gas station, convenience, and Tim Hortons to the west and an auto dealership and service shop to the east. Borden Avenue is the main artery through town - thousands of eyes on this corner every day. Zoned HC (Highway Commercial), the door is wide open: retail, office, restaurant, personal service, automotive, medical, and more. At ~800.6 sq m, it's one of the last commercially zoned parcels left in the village - two driveway accesses, full municipal sewer connected, services in place and ready to build. Want to double down? Severance potential into two parcels means two buildings, two tenants, two income streams - or one signature commercial build that owns the intersection. Corners like this don't come twice. Survey and appraisal available. Buyers to satisfy themselves through independent due diligence. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 130 days on market, against an average age of 64 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 66 days on the market over the past year, against a median of 48 days across the markets we publish.
This vacant land in Central Elgin (Belmont) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $459,000, about 4.6× the local median household income of $100,000.
Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0L)
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