Exceptional opportunity in the heart of Strathroy offering both immediate living potential and future redevelopment upside. Currently configured as a duplex, this property is ideal for a first-time buyer or young family looking to live in one unit while generating rental income from the other. The home does require some updates, presenting a great value-add opportunity. For investors and builders, a zoning amendment application has been submitted to permit a 7-unit residential development. Preliminary design aligns with municipal requirements, offering strong redevelopment potential. Situated on a generous lot with rare access from two streets, providing excellent flexibility for future site planning, parking, and building design. Located in an established neighborhood close to downtown, schools, amenities, and with easy access to Highway 402.