Description

Attention to those involved in the Aggregate Industry. This 105 Acre parcel of land located just to the east of London with a working gravel pit fronting Hunt Road and and two homes fronting Trafalgar Street is ready for your needs. The two homes are currently leased and one of the homes has a large barn and drive shed in very good condition. The gravel pit functions with a scale and booth and has a large amount of product still available. Estimated availability will be provided after the signing of an NDA. The pit has been professionally managed and a quick closing can occur. Set your appointment to view today. (id:66096)

Market Timing

Days on market

56d

Thames Centre listings, avg age

92d

Price / ft²

$31,132

List price

$3.30M

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.

Haho

This vacant land in Thames Centre has been listed for 56 days, which is 36 days fresher than the city average of 92. Act while there is still low competition.

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Area context

Neighbourhood profile (N0L)

This home lists at $3,300,000, about 33.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $644,606 (20% down, 25-yr amortization, stress-tested) — roughly 545% above the area median.

Median household income: $100,000
Population: 49,817
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0L)

$3,300,000· $31,132/ft²

For sale

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Financing

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6745 Trafalgar Street, Thames Centre - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N0L)

Book a showing

Need a commercial mortgage?