392 Second Street, Strathroy-Caradoc, ON N7G 3H8
NE, Strathroy-Caradoc · Near Second St./Adair Blvd. · View map
About this home
An exceptional opportunity for builders, developers, or investors to acquire a 1.62-acre residential lot in Strathroy-Caradoc now zoned R3-14-H2. The property has a recently approved minor variance for a 3-storey, 63-unit residential building, plus a conditional draft site plan agreement and architectural drawings for a 3 storey 48 unit residential building, which can shorten the path to construction. In the meantime, the property generates income from an existing 2,000 sq. ft. ranch-style bungalow, currently tenanted. This is a rare property in a growing Southwestern Ontario market, about 35 km west of London with convenient access to Highway 402, directly across from Strathroy District Collegiate Institute, Holy Cross Catholic Secondary School and Gemini Sportsplex.
The home
- Type
- Land
- Square footage
- 1.62 sq ft
- Lot size
- 175.4 x 401 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $5,739/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Second St./Adair Blvd.
- Neighbourhood
- NE
More
- MLS® number
- X13859276
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
392 Second Street, Strathroy-Caradoc, ON N7G 3H8
NE, Strathroy-Caradoc · Near Second St./Adair Blvd.
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Listing history for 392 Second Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 392 Second Street
Answers come straight from this home’s MLS® listing.
How much is 392 Second Street listed for, and what would it cost each month?
392 Second Street is listed for $3,450,000. With 20% down ($690,000), the mortgage payment would be roughly $13,916 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $14,395 a month, all in. That figure is an illustration, not a quote.
Is 392 Second Street freehold or a condo, and is there a monthly fee?
392 Second Street is a land in NE, Strathroy-Caradoc. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 392 Second Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 392 Second Street?
392 Second Street is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 392 Second Street, and what is the lot size?
The lot is listed as 175.4 x 401 ft.
What are the property taxes for 392 Second Street?
Property taxes are $5,739 a year (2025), or about $478 a month.
Where is 392 Second Street?
392 Second Street is in the NE community of Strathroy-Caradoc. The nearest main intersection is Second St./Adair Blvd.. The postal code is N7G 3H8.
Is 392 Second Street still for sale?
Yes. It is an active listing (MLS® X13859276). Listings here update from the board through the day and come down once a home sells.
What have homes at 392 Second Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 392 Second Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: RIGHT AT HOME REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.