Salehian.com 647-325-5000

79 Front Street W

NW, Strathroy-Caradoc, N7G 1X6

$799,000

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Listed 76 days ago · MLS® X13638130

About this home

Located in the heart of downtown Strathroy, this well-maintained mixed-use property offers a solid investment opportunity with stable, diversified income. The building comprises five fully leased units, including two established street-front retail spaces on the main level, a compact residential unit at the rear, and two spacious residential apartments on the upper floor.The retail units benefit from long-standing tenancies and strong visibility, while the residential units are well laid out and consistently rented. A private rear yard and on-site parking for up to four vehicles further enhance tenant appeal and functionality.With reliable tenants in place who have demonstrated a desire to remain, the property provides immediate cash-flow stability. Over time, there is potential for rental growth and value enhancement through thoughtful management and updates. An excellent opportunity to acquire a versatile, income-producing asset in a growing and well-serviced downtown core.

Details

Type
Investment
Lot
33.4 × 156 ft
Garage
None
Property tax
$2,712 (2025)
Neighbourhood
NW
Municipality
Strathroy-Caradoc

Heating, cooling and services

Heating
Gas Forced Air Closed
Utilities
Yes

Building and exterior

Building area
2,200 Square Feet

More

Possession
Flexible
Cross street
Front & Thomas

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 1 park, 1 pharmacy. Nearest grocery: Food Basics (500 m). Nearest park: Alexandra Park (250 m).

Schools nearby

Elementary

  • Our Lady Immaculate School Catholic
    EQAO: Gr 6 reading 97%, math 50%    9 min walk
  • J. S. Buchanan French Immersion Public School
    EQAO: Gr 6 reading 90%, math 63%    17 min walk
  • St. Vincent de Paul Separate School Catholic
    EQAO: Gr 6 reading 73%, math 26%    1.4 km
  • Mary Wright Public School
    EQAO: Gr 6 reading 78%, math 24%    1.8 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N7G

Owners / renters
76% / 24%
Median household income
$85,000
Average age
44
Children under 15
17%
Homes
69% detached
Population
19,921

Languages spoken most at home besides English: Portuguese 2%, Spanish 0.2%, Dutch 0.1%, Dari 0.1%.

Safety

Crime Severity Index for Strathroy-Caradoc police: 37 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 31 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX CENTRE CITY REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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