$379,900
Thames Centre
3345 Gore Road, Thames Centre (Dorchester), Ontario, N0L1G4
This lot in Thames Centre is for sale.
Excellent opportunity to acquire a vacant parcel of Agricultural (AG1) zoned land within the City of London. Located on Gore Road in a rural setting, this property offers a variety of permitted agricultural and rural uses including farming, greenhouse operations, nursery uses, forestry, conservation lands, farm market uses, kennels, and other uses permitted under the AG1 zoning designation.The parcel was severed in 2019 and benefits from several supporting studies and reports completed in connection with previous planning applications, including archaeological assessments, well information, noise impact studies, and Ontario Municipal Board documentation. Planning reports have noted that the surrounding area consists of a mix of rural uses including agricultural operations, natural areas, recreational facilities, and residential properties.Conveniently located with easy access to Highway 401, Veterans Memorial Parkway, and the amenities of London, this property presents an excellent opportunity for agricultural operators, investors, and landowners seeking strategically located rural land.Buyers are advised that the property is currently zoned AG1 and should complete their own due diligence with the City of London regarding permitted uses, zoning regulations, and any future development potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 139 days on market, against an average age of 91 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 65 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 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Thames Centre (Dorchester) 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 $379,900, about 3.8× the local median household income of $100,000.
Carrying it typically needs a household income of about $74,208 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0L)
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