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138 Borden Ave - Commercial Property 0.2 Acres of Commercial Land Offered at $328,524 USD in Belmont, ON N0L 1B0
Investment Highlights
- One of the last commercial properties in the growing town
- 10 minutes from 2 new factories (Volkswagon and Amazon) hiring thousands
- Corner lot across from gas station and Tim Hortons
Executive Summary
Situated at the high-visibility intersection of Borden Avenue (County Road 34) and Lorne Street, the property comprises two equal parcels totalling 800.6 sq metres (8,620 sq ft) with dual street frontage — one driveway on Borden Ave, one on Lorne Street — physically demonstrating the two-lot configuration.
The property currently generates $1,600/month rental income from a renovated bungalow on a commercial lease. Tenant can be vacated in 60 days. No Landlord and Tenant Board process applies.
A professional severance and development file is fully assembled and available to qualified buyers, including: registered survey by Kim Husted Surveying Ltd., proposed severance sketches (Parcel A and Parcel B, each 400.3 sq m), building envelope illustration, Concept Plan prepared by Nethery Planning (March 2025), pre-consultation record with Municipality of Central Elgin, and current appraisal at $450,000.
The Municipality has indicated openness to commercial development and severance into two independent commercial lots. HC zoning permits retail, office, personal service, restaurant, automotive, medical, and residential uses — maximum flexibility for any buyer.
Located 12 minutes from St. Thomas, site of the Volkswagen EV battery plant and Amazon expansion currently under construction. Located 20 minutes from London, Ontario. Belmont is directly in the path of the strongest regional growth corridor in southwestern Ontario.
Immediate neighbours include a gas station, Tim Hortons, and an automotive dealership — established commercial traffic at this intersection already.
Property is connected to municipal sewer. Two independent driveway accesses. Appraisal on file. No real estate commission — private sale direct from registered owners.
Full Investment and Development Package available upon request including financial scenarios, development renders, and complete planning file.
Suitable for: commercial developer, mixed-use builder, live/work entrepreneur, fix-and-flip investor, or buy-and-hold commercial income buyer.
Serious inquiries only. KOBinvestmentsinc@gmail.com
Property Facts
1 Lot Available
Lot
| Price | $328,524 USD | Lot Size | 0.20 AC |
| Price Per AC | $1,664,008.65 USD |
| Price | $328,524 USD |
| Price Per AC | $1,664,008.65 USD |
| Lot Size | 0.20 AC |
Rare Highway Commercial (HC) zoned corner lot in the Municipality of Central Elgin —ideal for combined use or commercial development
Description
HC ZONED COMMERCIAL CORNER LOT WITH INCOME 138 Borden Avenue, Belmont, Ontario | $459,000 CAD | Private Sale Property Overview Highway Commercial (HC) zoned corner lot at the intersection of Borden Avenue (County Road 34) and Lorne Street in Belmont, Municipality of Central Elgin, Ontario. Total lot area 800.6 sq metres (8,620 sq ft) across two equal parcels with dual street frontage. Connected to municipal sewer. Two independent driveway accesses. Income In Place Existing renovated bungalow (~900 sq ft) generating $1,600/month on a commercial lease. Tenant vacatable in 60 days. No LTB jurisdiction applies. Development File — Already Assembled This is not a raw lot. A complete professional development file is in hand and available to qualified buyers: — Registered survey, Kim Husted Surveying Ltd. (2023) — Proposed severance — two equal parcels, each 400.3 sq m, each with independent street frontage — Building envelope illustration — 157.4 sq m buildable area on severed parcel — Concept Plan by Nethery Planning (March 2025) — two-storey Live/Work commercial/residential build proposed on severed lot, GC zone — Pre-consultation record with Municipality of Central Elgin — Municipality has indicated openness to commercial development and two-lot severance — Current appraisal on file at $450,000 Location & Growth Story — 12 minutes from St. Thomas — Volkswagen EV battery plant and Amazon expansion under construction, thousands of jobs incoming — 20 minutes from London, Ontario — Immediate neighbours: gas station/Tim Hortons (west), automotive dealership (east) — Belmont is in the direct growth corridor between London and St. Thomas Zoning HC — Highway Commercial. Permitted uses include retail, office, restaurant, personal service, automotive, medical, and residential. Severed parcel proposed for GC — General Commercial rezoning per Nethery Planning Concept Plan. Terms $459,000 CAD | Private sale — no commission | Possession flexible Full Investment and Development Package available upon request. ?? KOBinvestmentsinc@gmail.com
Presented by
KOB investments
138 Borden Ave - Commercial Property
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