156 Borden Avenue

Central Elgin, N0L 1B0
FOR SALE
$495,000
156 Borden Avenue, Central Elgin
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
156 Borden Avenue
Land
CATEGORY
8,654 Sq Ft
TOTAL AREA
X12139703
MLSID
Contact Us
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.
Property Details
Address
156 Borden Avenue
Community
Postal Code
N0L 1B0
Property Type
Land, Land
Use
Designated
Zoning
C
Lot Size
66' x 132'
Total Area
8,654 Sq Ft
Acreage
0.2 Feet
Taxes
$2,577 (2024
Water
Municipal
Listing contracted with Dotted Line Real Estate Inc Brokerage
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