62 Albert Street, Strathroy-Caradoc, ON N7G 1V5
A unique opportunity in Downtown Strathroy, this 0.59-acre property with approximately 12,000 sq. ft. of production space offers excellent potential as a flour mill, grain mill, or brewery. The site includes a mill with a capacity of roughly 100 tons of flour per day, four silos (1,350 tons each), six transitional silos, and two large storage/warehouse buildings leased from CN Railway. The sale includes the real estate and existing flour mill equipment, with brewery equipment available for purchase separately, allowing buyers the flexibility to revive milling operations, expand into brewing or distilling, or adapt the facility to suit their business vision.
- MLS number
- X13765484
- Type
- Industrial
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- N7G 1V5
- Photos
- 10
- Property tax
- $3,652 / year
This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Industrial
- Class
- Commercial
- Community
- NW
- Municipality
- Strathroy-Caradoc
- Cross street
- Albert St & Metcalfe St W
- Zoning
- C1-2
Parking
- Garage
- Outside/Surface
Land
- Lot
- 300.92 × 104.29 feet
Heating, cooling and services
- Heating
- Baseboard
- Cooling
- Partial
- Water
- Municipal
- Sewer
- Sanitary
Listing
- MLS number
- X13765484
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-10
- Expires
- 2026-12-31
- Possession
- 2026-11-18
- Taxes
- $3,652 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 2 times.
Where this home is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Our Lady Immaculate School London District Catholic School Board | Elementary | 564 m | / 10 66% met the standard |
| J. S. Buchanan French Immersion Public School Thames Valley DSB | Elementary | 775 m | / 10 73% met the standard |
| St Vincent de Paul Separate School London District Catholic School Board | Elementary | 1.1 km | / 10 56% met the standard |
| Mary Wright Public School Thames Valley DSB | Elementary | 1.5 km | / 10 56% met the standard |
| North Meadows Elementary School Thames Valley DSB | Elementary | 2.1 km | / 10 64% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 565 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35390774 — the few blocks around this address, home to 565 people. It describes the area, not this property.
Percentages are of the 325 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.
If you rented it out
Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.
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.