Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

2 James Street, Strathroy-Caradoc, ON N0L 1T0

Vacant Land
$350,000
Property tax
$844 / year

Set on a quiet, private, paved cul-de-sac, this spacious half-acre building lot offers the perfect balance of small-town charm and country-style living. Hydro, natural gas, and municipal water are already available, making it easy to bring your vision to life. With generous space and flexible building potential, you can design and construct the home you've always imagined without typical size restrictions. Enjoy a peaceful setting just minutes from London and quick access to major 400-series highways.

MLS number
X12787648
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
N0L 1T0
Photos
1
213days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 471 people.

$92,000Median household income
75.7%Own their home
86.8%Detached houses
44.8Median age
8.9%Born outside Canada
9.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390760 — the few blocks around this address, home to 471 people. It describes the area, not this property.

471Population
42.9Average age
2.5Household size
$111,000Average household income
$92,000Median household income
76%Own their home
24%Rent
0%Condominiums
9%Born outside Canada
10%University degree
$510,000Average home value
10%Low income
50%Not in the labour force
20%Never married
$20,000 to $24,9996%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9992%
$50,000 to $59,9996%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9992%
$90,000 to $99,9996%
$100,000 and over31%
$100,000 to $124,99910%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over4%

Percentages are of the 255 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$70,000 · minimum here is $17,500
$1,549.72per month
Borrowed before insurance$280,000
Total borrowed$280,000
Interest over 25 years at 4.5%$184,917

If you rented it out

-$1,620.06per month out of pocket
Rent$0.00
Everything it costs to hold$1,620.06
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by THRIVE REALTY GROUP INC.. Listing data provided by the Toronto Regional Real Estate Board.