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$ 2,625,000
Est. payment /mo
Price Dropped by $225K
1511 Gainsborough RD London North, ON N6H 5L2
2 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Farm
Listing Status Active
Purchase Type For Sale
Subdivision North E
MLS Listing ID X12046237
Building Age 100+
Annual Tax Amount $3,824
Tax Year 2024
Property Sub-Type Farm
Property Description
This is 25 ACRES that is under 1000 ft outside of a current City of London boundary on a main artery - Gainsborough Road. This is a beautiful combination of lawns, heritage home, mature trees, woods, and some cleared crop land. The house is stately old character two storey heritage home with TWO detached garages - one is 35 x 20 ft approx and other is single car. This property has unique opportunity in this high end area of m u l t i-m i l l i o n dollar homes!. It is currently zoned A1 (as per the municipality) for Agricultural - so could create your dream hobby farm for your horses, or your domestic animal of choice - few cows, chickens, goats. You could create, in a bit of time, an estate like none other, combining heritage home's stately design with immaculate landscaping combining the woods, mature trees, gardens and other visions, plus, plus. Investors? - high risk, high reward -many developments started as agricultural farm land and this piece is literally on edge of the City. The area is close to the many amenities of the City and near by: Bellamer winery & event centre, golf courses (exclusive and public), various restaurants, garden center, other horse farms etc., shopping in quaint part of Hyde Park or Big Box Stores at Hyde Park & Fanshawe or Masonville Mall are just short trip and list goes on. This IS an opportunity especially with City of London eyeing some its boundaries. Note: also listed in Residential MLS#12045882. Some photos digitally staged. Measurements are by camera. Plus applicable HST. Fireplaces are as-is - for decor only.
Location
Province ON
County Middlesex
Community North E
Area Middlesex
Interior
Cooling Yes
Exterior
Community Features Major Highway, Recreation/Community Centre
Utilities Available Available
Lot Frontage 494.3
Lot Depth 2232.6
Others
Security Features No
Virtual Tour https://tours.pictureyourhome.net/2268369?idx=1
Listed by Peak Select Realty Inc