111 Craig Street, North Middlesex

$1,200,000
111 Craig Street

$1,200,000

New
4d
Land

111 Craig Street, North Middlesex

Total Monthly Obligation $5,215

HausQ Valuation Report
Beds
0
Baths
0
Park
0
DOM
4d
Property Type-Land
MLS® Number-X14092576
Beds-0
Lot Size-109.9 × 150.2 ft
Listed on site-Oct 19, 2026
Building Type-Land
Brokerage-RE/MAX ADVANTAGE REALTY LTD.
Fireplace-No
Pool-None
Sewer-Sanitary+Storm Available
Possession-Flexible
Neighbourhood-Ailsa Craig
Title-Commercial

No agent assigned

Discover this shovel-ready infill development opportunity in the heart of growing Ailsa Craig! Strategically located along the Highway 7 commuter corridor, commuters will find it easy to get to London's major employment hubs, ideal positioned for downsizing retirees. You will love how this flat, street-grade 1.34-acre residential parcel features 109.9 ft of frontage along Craig Street. Primed for residential development. Major pre-development work has been completed as a legal severance has been finalized, municipal water/sanitary services are stubbed directly to the boundary, and a preliminary civil engineering report has been completed. Flexible seller financing is available via a Vendor Take-Back (VTB) mortgage for qualified buyers. Don't miss out on this great opportunity!

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Closing Costs

Mortgage Amount
$960,000
Land Transfer Taxes$20,475
Legal Fees (Est.)
$
Total cash required for closing$261,975

Total Monthly Obligation

$5,215/mo
Mortgage $4,840
Monthly Loss $3,942
Principal$1,274
Interest$3,567
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 111 Craig Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.