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V/L Mersea Rd 5, Leamington, Ontario, N8H 3V6

MLS® # 25024253
Vacant Land For Sale In Leamington, Ontario
$5,975,000

None Beds

V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
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V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
V/L Mersea Rd 5, Leamington, ON
  • Advertising

MULTIMEDIA

V/L Mersea Rd 5, Leamington, Ontario, N8H 3V6
$5,975,000

Property Information:

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:27)

Property Features:

  • OwnershipType: Freehold
  • Property Type: Vacant Land
  • Irregular: Yes
  • Lot Size: 488.69 Feet X Irregular / 19.4 AC
  • Zoning: C4
  • Sewer: Not connected

Courtesy of: CENTURY 21 LOCAL HOME TEAM REALTY INC., SUN COUNTY REALTY INC.

REALTOR.ca  

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Market Price Trends

All Properties

8.63%

Price change (1 year)

51.51%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of V/L Mersea Rd 5, Leamington, Ontario, N8H 3V6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate-High

39 hot days expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, V/L Mersea Rd 5 , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 39 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
39

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, V/L Mersea Rd 5 , experiences 11 significant 2-day storms per year, with about 296.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 370mm of precipitation per year.

Precipitation Per Storm

Past
296.8mm
2050
370mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of V/L Mersea Rd 5, Leamington, Ontario, N8H 3V6

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$108,517.23

Average Number of Children

2.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

68.25 %

High school certificate or equivalent

17.58 %

Apprenticeship trade certificate/diploma

3.21 %

College/non-university certificate

5.84 %

University Degree

5.12 %

Commuter

Travel To Work

By Car

39.37 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

60.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.52 %

Houses

96.48 %

Own Vs. Rent

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