ON > Central Elgin > Belmont
Central Elgin, ON N0L 1B0,156 Borden AVE
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Central Elgin, ON N0L 1B0,156 Borden AVE
Central Elgin, ON N0L 1B0,156 Borden AVE
Central Elgin, ON N0L 1B0,156 Borden AVE
Central Elgin, ON N0L 1B0,156 Borden AVE
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 495,000
Est. payment /mo
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Active

156 Borden AVE Central Elgin, ON N0L 1B0

8,654 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 8,654 sqft

Price per Sqft $57

Subdivision Belmont

MLS Listing ID X12139703

Annual Tax Amount $2,577

Tax Year 2024

Property Sub-Type Land

Lot Depth 132.0

Lot Front 66.0

Property 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.

Location

Province ON

County Elgin

Community Belmont

Area Elgin

Zoning C

Exterior

Utilities Available Yes

Lot Frontage 66.0

Lot Depth 132.0

Listed by Dotted Line Real Estate Inc Brokerage
agent

Jethro Seymour

Broker

+1(416) 712-0767

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156 Borden AVE

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