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24605 Saxton Rd 7.77 Acres of Residential Land Offered at $3,848,635 USD in Strathroy, ON N7G 3H4
Investment Highlights
- Strategic Location: Positioned in a rapidly growing area of Strathroy
- Official Plan Amendment: From ‘Commercial’ to ‘Residential’ has been approved.
- Development Status: Applications for Official Plan Amendment and Zoning By-law Amendment have been approved.
- Flexible Site Design: Ample space for parking, landscaping, and future expansion if needed
Executive Summary
Official Plan Amendment from “Commercial” to “Residential” has been approved – Planned for a mix of townhomes and condominiums totalling 220 units. Registered site plans are in place on parcel, with pending amendments. All related engineering tied to the existing site plans is transferable to the pending amendments. Final layouts and engineering to be confirmed through site plan amendment.
This property can be purchased together with 96 Carroll Street East, Strathroy.
This property can be purchased together with 96 Carroll Street East, Strathroy.
Property Facts
| Price | $3,848,635 USD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 7.77 AC |
| Property Type | Land | ||
| Zoning | R3 - High Density Residential | ||
| Price | $3,848,635 USD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 7.77 AC |
| Zoning | R3 - High Density Residential |
1 Lot Available
Lot
| Price | $3,848,635 USD | Lot Size | 7.77 AC |
| Price Per AC | $495,319.82 USD |
| Price | $3,848,635 USD |
| Price Per AC | $495,319.82 USD |
| Lot Size | 7.77 AC |
Prime 7.77 acre residential/multi-residential development opportunity in Strathroy’s major retail node with over 460 feet of frontage on Saxton Rd.
Description
24605 Saxton Road is a prime residential development parcel in Strathroy, offering a mix of apartment and townhouse units in a strategic, growing location. This opportunity is ideal for developers and investors seeking a high-potential residential project aligned with the region’s growth trajectory.
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