28636 Centre Road
Strathroy-Caradoc, N7G 3H6·MLS® X13245824·
Listing courtesy of Royal Lepage Grand Realty·Updated 3 days ago
Listing price
$1,499,000
Est. $7,139/mo
Days on market
Listed Jun 5, 2026
Description
Commercial Lot 0.96 Acre land 120 Feet Front & 350 Feet Deep Lot. Bungalow, house With 6 Bedroom, Living, Dining, 2 Kitchen, 2 Washrooms, plus Open Space. The Property Is Commercial Corridor Outdoor Storage Permitted. Excellent For Professional Office, Lawyer, Accountant, Medical Clinic, Vet Clinic, Family Doctor, Restaurant, Car Sale, Garden Center. Drive Through Restaurant and many more use available. City services available at the lot. Just min away from Highway 402 on exit 65 way to Sarina or Landon.
Property details
Type
Commercial Retail — Highway Commercial
Heating
Gas Forced Air Open
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$26,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Market conditions · NE
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$5,996
Rental yield
4.8%
Est. cash flow
-$3,329
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$349,697
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,439,040
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