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$ 2,199,000

4403 COLONEL TALBOT RD, London, ON, N6P 1R1

Listing ID# 603437
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$ 2,199,000

  • 4403 COLONEL TALBOT RD
    London, ON N6P 1R1
  • Listing ID 603437
  • Building Type: House
  • Bedrooms: 3
  • Bathrooms: 1
  • Stories: 1.5
  • Status: For Sale/Active
  • Days on Market: 116
  • Rooms: 0

Property Description

Incredible opportunity for future development. Family owned over 100 years. The property contains 30.24 acres, appr. 8.5 acres within the Urban Growth Boundary permitting medium density developmentthe balance being outside the boundary. General zoning uses permitted under this designation include commercial along the road, residential townhouse development on the balance of the tableland & agricultural/conservation use on the balance. The appeal of developing the tableland portion of the property, overlooking undeveloped conservation land is a benefit to the developable area. The property is serviced with private septic system, municipal water & storm sewers, natural gas & hydro. Full municipal servicing will be available on the corner of Colonel Talbot & Main Street circa 2018. Dont wait 10+ years to build. Improvements on the property include an older residence and two outbuildings that could be utilized until development occursall generating income.



Listing courtesy of SUTTON GROUP PREFERRED REALTY INC.(1), BROKERAGE, INDEPENDENTLY OWNED AND OPERATED


Demographics

Lambeth Property Overview
92%Own 8%Rent
  • Detached 1,474
  • Duplex 28
  • Semi-Det. 23
  • Low-Rise 16
$ 479 k

Average Home Price in Lambeth

39 years

Average home age in Lambeth

Household Size
1,275One-family 279Non-family 19Multi-family
Household size (# people)
  • 1275
  • 2543
  • 3276
  • 4-5446
  • 6+34
Household Income in Lambeth
85.4%Employed 7.5%Self-Employed 7.1%Unemployed
  • White Collar 1,527
  • Blue Collar 837
$ 122 k

Average income

40 years

Average age

Education
  • Certificate, diploma, degree 5,078
  • High School 1,875
  • College 1,258
  • No Certificate 1,042
  • Apprenticeship 491
Marital Status in Lambeth
62%Married 24%Single 14%Other
Age groups
  • 0-1924%
  • 20-2912%
  • 30-4927%
  • 50+37%

Points of interest and Comparables - Lambeth

top

$754,643*

average price

+28.44%

market trend

* - average price based on 9 comparable properties in the neighbourhood
# date listed bed/bath
1 9/25/2017 $425,000 4 + 1/3
2 9/21/2017 $239,900 3/1
3 8/21/2017 $386,900 3/2
4 9/17/2017 $349,900 2 + 2/2
5 8/21/2017 $449,900 2 + 2/1 + 1
6 8/27/2017 $399,900 3/1 + 1
7 9/3/2017 $719,900 2 + 2/3 + 1
8 7/18/2017 $939,000 4 + 1/5 + 2
9 $689,900 4/2 + 1
10 1/15/2017 $599,900 2/2
75 WOODS EDGE, London, ON
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London
Listing courtesy of SUTTON GROUP - SELECT REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
$1,895,000
  • 5 bd
  • 5 + 2 ba
  • 28
  • 6 schools
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9385 ELVIAGE DR, London, ON
House
9385 ELVIAGE DR
London
Listing courtesy of SUTTON GROUP - SELECT REALTY INC., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
$2,159,000
  • 5 bd
  • 8 ba
  • 23
  • 7 schools
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248 WHARNCLIFFE Road South, London, ON
Multi-Family
248 WHARNCLIFFE Road South
London
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
$2,049,900
  • 6 schools
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169 Harris Rd, Delaware, ON
RE/MAX Collection
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Delaware
Listing courtesy of RE/MAX ADVANTAGE REALTY LTD.
$2,200,000
  • 4 + 1 bd
  • 5 ba
  • 6 schools
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76 COMMISSIONERS Road East, London, ON
House
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London
Listing courtesy of COMFREE COMMONSENSE NETWORK
$2,500,000
  • 6 bd
  • 5 ba
  • 12
  • 6 schools
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