Price ChangeFor Sale

156 Borden Avenue
Central Elgin, Elgin, ON, N0L 1B0

Land
TRREB
MLS® Number: X12139703
$495,000List Price
LandProperty Type
8,654 sq ftSize
$2,577 / 2024Taxes (Annual)
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PRICE CHANGED
$495,000
Previously Listed For:
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Property Location

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Listing History

Buy/sell history for 156 Borden Avenue, Central Elgin, ON N0L 1B0

0 Transactions by CPRB Agents

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Description

Prime Commercial Investment Opportunity - High Visibility Location. Unlock the potential of this uniquely positioned commercial property in a rapidly developing corridor. Zoned Hamlet Commercial with strong potential to upgrade to Highway Commercial - the Town has expressed openness to this transition. Located directly across from a newer Tim Hortons and Esso gas station, this high-traffic site is ideal for a wide range of commercial uses. Just minutes from Highway 401 and the City of London, the property offers excellent accessibility and exposure for businesses.The Town Planner has indicated support for mixed-use development, including commercial units on the ground level with residential units above (see illustrative concept drawing for inspiration).Currently on the property is a 785 sq/ft 3-bedroom bungalow, rented and generating income, offering holding potential while development plans are finalized.Property is being sold as-is. A rare opportunity for savvy investors or developers looking to capitalize on location, zoning flexibility, and growth potential.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$2,577 / 2024
Listing #:X12139703
Property Type:Land
Size:8,654 sq ft
Land Size:66 x 132
Days on CPRB:
Locker:None
On CPRB Since:
Listing Brokerage:Dotted Line Real Estate Inc Brokerage

Rooms

Details

Property

Property Type:Land
Community:Belmont
Municipality:Elgin

Building

Size:8,654 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Spaces:0
Total Parking Spaces:0

Utilities

Utility Sewer:Sanitary

Land

Cross Street:Bordens Ave and Lorne St

$495,000

List price

156 Borden Avenue, Central Elgin – Land for sale · MLS® # X12139703 | CPRB