$8,999,000

For sale

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V/L MILL Street West, Tilbury - Vacant Land for Sale

V/L MILL Street West, Tilbury, Ontario, N0P2L0

28.40 acres lotListed 42 days ago

Overview

This lot in Tilbury is for sale. It has been on the market 42 days, fresher than the Tilbury average of 59 days.

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Description

Large scale development opportunity located in the emerging market of Tilbury ON. The site measures in at approx 28.42 acres of commercial highway zoned employment land right off the 401 Corridor and an approx 30 minute commute to Windsor with the direct highway crossing to the United States. We are open to proposed severances, build-to-suit & land leases on the property. The City has expressed their appreciation and the importance of this property and the fact that it may be suitable not only for commercial use, but warehousing, industrial and a higher density residential use as well. We are excited to have our first severance of 1.2 acres made for our neighbours McDonald's and a Gas Station. We look forward to hearing your vision and partnering with you on your growth and the growth of this charming town. (id:66096)

Property Details

MLS®: 26023417
Property Type: Vacant Land
Zoning: CR (H6)
Lot Size: 28.40 acres
Price per Acre: $316,866 per acre
Ownership: Freehold
Listed: 42 days ago

Services

Sewer: Unknown

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Tilbury listings, avg age

59d

List price

$9.00M

Haho

This vacant land in Tilbury has been listed for 42 days, which is 17 days fresher than the city average of 59. Act while there is still low competition.

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Listed by REMAX PREFERRED REALTY LTD. - 586 · BRADY THRASHER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0P)

This home lists at $8,999,000, about 112.5× the local median household income of $80,000.

Carrying it typically needs a household income of about $1,757,820 (20% down, 25-yr amortization, stress-tested) — roughly 2097% above the area median.

Median household income: $80,000
Population: 53,140
Median age: 46
Owner / renter: 81% / 19%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N0P)

$8,999,000

For sale

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Financing

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