8757 8759 Glendon Drive
Strathroy-Caradoc, N0L 1W0·MLS® X13411446·
Listing courtesy of Bay Street Group INC.·Updated 2 days ago
Listing price
$799,000
Est. $3,805/mo
Days on market
Listed Jun 6, 2026
Description
Power Of Sale Opportunity! Exceptional Commercial Development Land In The Growing Community Of Mount Brydges. High-Exposure Location On Glendon Drive With Excellent Visibility And Accessibility.Gas Station Development Application Is Reportedly In Progress, Presenting A Unique Opportunity For Developers, Investors, And Business Owners To Explore Future Commercial Uses. The Property Is Strategically Positioned Adjacent To A Ford Dealership And Surrounded By Established Commercial Uses, Including Retail And Automotive-Related Businesses, With Existing Residential Neighbourhoods And New Residential Development Nearby.Located In A Rapidly Expanding Market With Strong Growth Potential And Convenient Access To Major Transportation Routes. Rare Opportunity To Acquire A Prominently Located Commercial Site Through Power Of Sale.Property Being Sold On An "As Is, Where Is" Basis. Buyer To Conduct Their Own Due Diligence Regarding Zoning, Development Approvals, Permitted Uses, Services, And All Future Development Potential.
Property details
Type
Land — Designated
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$12,455
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 · Mount Brydges
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
$3,196
Rental yield
4.8%
Est. cash flow
-$1,891
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$190,763
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$767,040
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