1/11LOT 32 ADDISON AVENUE, Lucan Biddulph (Lucan)
LOT 32 ADDISON AVENUE, Lucan Biddulph (Lucan), ON N0M2J0
$295,000 total
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Asset Class
Land
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
99%
About this property
LOT ONLY FOR SALE! Build your dream home in the growing community of Lucan on this rare, vacant lot! Located in the Timber Ridge - one of Lucan's newest and most exciting subdivisions currently underway. This premium 52' x 110' corner lot offers an exceptional opportunity for builders, investors, or buyers looking to create a fully custom home in a family-friendly neighbourhood. With generous frontage, added design flexibility, and a desirable corner location, this lot provides the perfect canvas for a stunning custom build. Whether you're planning your forever home or your next investment project, opportunities like this in a developing community are becoming increasingly rare. Take advantage of current HST rebate opportunities while securing your place in this sought-after new development. Conveniently located just minutes to schools, parks, shopping, and an easy commute to London. Don't miss your chance to secure this premium building lot in the growing community of Lucan! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$16K
Annual cash flow
$-799
Cash-on-cash
-0.90%
DSCR
0.95
Going-in cap
5.27%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
81,518
Households
33,374
Median income
$70,500
Median age
36.7
Daytime population
119,499
5-yr growth
6.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for LOT 32 ADDISON AVENUE, Lucan Biddulph (Lucan).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.