Description

50.772 acres on the edge of Sarnia offering a strong combination of productive farmland and long-term development potential. With quality workable acreage currently rented to a local farmer, the property provides immediate income while appealing to those looking to expand their operation in a competitive agricultural market. This property stands out due to its soil quality, location. For developers and investors, the parcel’s scale and positioning in a growth corridor present a compelling opportunity to secure land with future upside. Whether you’re a farmer looking to add to your land base or a buyer focused on long-term potential, this property offers both stability in today’s market and flexibility for what lies ahead. Price is plus HST. (id:66096)

Market Timing

Days on market

Sarnia listings, avg age

68d

List price

$1.40M

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Area context

Neighbourhood profile (N7T)

This home lists at $1,399,900, about 24.0× the local median household income of $58,400.

Carrying it typically needs a household income of about $273,449 (20% down, 25-yr amortization, stress-tested) — roughly 368% above the area median.

Median household income: $58,400
Population: 26,033
Median age: 44.4
Owner / renter: 51% / 49%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA N7T)

$1,399,900

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

2053 LONDON Line, Sarnia - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (N7T)

Book a showing

Need a commercial mortgage?