400 Second Street, Strathroy-Caradoc

Rare 1.15-acre site in Strathroy, designated for medium-density residential in the Official Plan. Preliminary planning input suggests the potential for a 4-storey, 52-unit apartment building, with a neighbouring site already having site plan approval for a 45-unit development. Currently zoned R4 and located within a future development zone, offering strong upside for developers or investors. The property also includes a well-maintained 4-bed, 4-bath home with finished basement, pool, outbuildings, and 2-car garage ideal for rental income or owner use during the planning process.