$3,499,000

For sale

PT LT 8 Catherine Street, Thames Centre (Dorchester) - Vacant Land for Sale

PT LT 8 Catherine Street, Thames Centre (Dorchester), Ontario, N0L1G4

8.70 acres lotListed 20 days ago

Overview

This lot in Thames Centre is for sale. It has been on the market 20 days, fresher than the Thames Centre average of 91 days.

3345 Gore Road, Thames Centre (Dorchester), Ontario, N0L1G4

Lot 155 × 488 ft (1.73 acres)

325 Harvest Lane, Thames Centre (Dorchester), Ontario, N0L1G2

2 bd2 ba2 pk1,300 ft²+$150/mo

Listed by BLUE FOREST REALTY INC.

321 Harvest Lane, Thames Centre (Dorchester), Ontario, N0L1G2

For sale

249 days ago

$625K

321 Harvest Lane, Thames Centre (Dorchester), Ontario, N0L1G2

2 bd2 ba2 pk1,300 ft²+$150/mo

Listed by BLUE FOREST REALTY INC.

$3,499,000

Thames Centre

Book a showing

Description

Prime land with development potential in sought after Dorchester, Ontario. +/-8 acres located across from 2 schools, backing onto the Thames River with views of the Golf Course. Convenient access to London and the 401 corridor. A site such as this simply doesn't come available very often, and truly does not get better! Seize this opportunity to make a statement in SW Ontario. (id:66096)

Property Details

MLS®: X14082938
Property Type: Vacant Land
Zoning: FD/EP
Lot Size: 8.70 acres
Frontage: 443 ft
Price per Acre: $402,184 per acre
Property Tax: $3,000/yr
Listed: 20 days ago

Features

Lot Features: Irregular lot size

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Thames Centre (Dorchester) listings, avg age

91d

List price

$3.50M

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 (Dorchester) has been listed for 20 days, which is 71 days fresher than the city average of 91. Act while there is still low competition.

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Listed by Royal Lepage R.E. Wood Realty Brokerage · David Bennett

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0L)

This home lists at $3,499,000, about 35.0× the local median household income of $100,000.

Carrying it typically needs a household income of about $683,477 (20% down, 25-yr amortization, stress-tested) — roughly 583% 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)

$3,499,000

For sale

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Financing

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