V/l Mersea Road 5, Leamington
Build To Suit - This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:1945)
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Property details for V/l Mersea Road 5, Leamington
- Type
- Commercial
- Lot Size
- 488.69 X Irregular / 19.4 AC
- Ownership
- Freehold
Nearby Listings Stat
Estimated price and comparable properties near V/l Mersea Road 5
Active Listings
6
Min Price
$29,900
Max Price
$5,975,000
Avg Price
$2,268,133
Days on Market
19
days
Sold Listings
2
Min Sold Price
$599,900
Max Sold Price
$1,499,900
Avg Sold Price
$1,049,900
Days until Sold
66
days
Neighbourhood Census Data
Leamington, Ontario
Population
772
Median Age
33.7
Median Income
$28,672
Dwelling Value
$189,978
Housing Tenure
Owners 84%
Renters 14%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.3
Pop. Density: 77.5/km²
Avg Shelter Cost: $1,116/mo
Owners with Mortgage: 55.6%
Owners Spending 30%+: 14.3%
Tenants Spending 30%+: 0%
English only: 85.8%
English and French: 3.2%
Neither: 11%
Median Household Income: $78,507
Median Employment Income: $26,048
Price History
Listed
October 1, 2026
by CENTURY 21 LOCAL HOME TEAM REALTY INC.
Current Price
$5,975,000
Type
Commercial
For Sale
