Lot 2 2 Concession Road, London

Lot 2 2 Concession Road, London, ON N6M1E9 Photo 1

1 Photos

  • MLS®: 40528305
  • Type: Farm and Ranch
  • Added: 116 days ago

Property Details

Opportunity to purchase this future development land inside the City of London. This property is being offered together with the property next door for a total of 98.65 acres on the East edge of the City. List price is a total for both properties. Seller is interested in renting the workable land back on a long-term lease. If the Buyer is interested 77 AC additional can be purchased. (id:1945)

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Property Information

  • Basement: None
  • Directions: From Veterans memorial parkway head East, property is approximately 1 Km down on the left
  • Photos Count: 1
  • Lot Size Units: acres
  • Common Interest: Freehold
  • Subdivision Name: East J
  • Tax Annual Amount: 1261.12
  • Community Features: High Traffic Area
  • Lot Size Dimensions: 46.233
  • Zoning Description: os4, ag1
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Nearby Places

Name Type Address Distance
Clarke Road Secondary School It is a part of the Thames Valley District School ... 3.6 km
London District Christian Secondary School School 24 Braesyde Ave 3.9 km
London District Christian Secondary School LDCSS was formed in 1965, and is governed by a mem... 3.9 km
East Side Mario's Restaurant 1915 Dundas St 4.0 km
WindEEE Dome It is designed to simulate localized, high-intensi... 4.1 km
London International Airport Airport 1750 Crumlin Road 4.3 km
General Motors Diesel Division GMDD's Canadian operations were renamed as Diesel ... 4.4 km
Knights Inn London Lodging 1739 Dundas St 4.7 km
Jet Aircraft Museum The museum is located at the London International ... 4.8 km
London International Airport In 2009, the airport handled 501,835 passengers, a... 4.9 km
Carolinian Winery and Eatery Restaurant 4823 Dundas 4.9 km
Dorchester, Ontario According to the Canada 2006 Census, the town has ... 5.1 km
Similar Farms Stat in London
We have found 2 Farm and Ranches that closely match the specifications of the property located at Lot 2 2 Concession Road with distances ranging from 2 to 0 kilometers away. The prices for these similar properties vary between 10,999,000 and 10,999,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Farm and Ranches in the N6M1E9 postal code area of London Ontario Canada.
Lot 2 2 Concession Road mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at Lot 2 2 Concession Road. The current price of the property is $10,999,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $8,799,200. This would result in a monthly mortgage payment of $51,434 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 10
Bachelor's degree 15
University / Below bachelor level 10
Certificate of Qualification 25
College 75
University degree at bachelor level or above 20

Neighbourhood Marital Status Stat

Married 185
Widowed 15
Divorced 20
Separated 5
Never married 95
Living common law 35
Married or living common law 215
Not married and not living common law 135

Neighbourhood Construction Date

1961 to 1980 35
1981 to 1990 15
1991 to 2000 15
2001 to 2005 10
1960 or before 65
Comparison of Lot 2 2 Concession Road, London, ON with Nearby Farms
Nearby Cities Listings Avg. price
Thames Centre Homes for Sale 51 $1.069.683
Middlesex Centre Homes for Sale 69 $1.259.378
St Thomas Homes for Sale 157 $860.762
Ingersoll Homes for Sale 57 $1.086.861
Strathroy Caradoc Homes for Sale 75 $956.071
Woodstock Homes for Sale 158 $804.928
North Middlesex Homes for Sale 52 $818.346
Tillsonburg Homes for Sale 128 $950.253
Popular Cities Listings Avg. price
Waterloo Homes for Sale 426 $854.937
Kitchener Homes for Sale 724 $942.357
Guelph Homes for Sale 391 $924.126
Cambridge Homes for Sale 447 $1.034.183
Burlington Homes for Sale 812 $1.594.990
Oakville Homes for Sale 903 $1.951.556
Milton Homes for Sale 416 $1.751.418
Mississauga Homes for Sale 1435 $1.320.857
344 Sovereign Road, London 3674 Gore Road, Dorchester 3674 Gore Rd, Thames Centre