Description

Commercial - Industrial zoning which permits a residential home on the same site. This 3-acre lot is located on Berriedale Road just north of Burks Falls, Berriedale is a year-round paved road with no half-load restrictions at any time of the year. Plus, the lot is located 2 minutes from Highway 11, with both north and south-bound access. Current zoning is CH-MH which allows for many potential commercial uses and will allow for residential with a commercial component. Burks Falls is a vibrant growing community with a solid commercial and retail base. Great area for your family and business to grow. Hydro is at the roadway. HST is in addition to the asking price. Great location for your business! (id:66096)

Market Timing

Days on market

66d

Armour listings, avg age

102d

List price

$100K

Homes here sell below asking price

Homes in this market sold for an average of 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Armour has been listed for 66 days, which is 36 days fresher than the city average of 102. Act while there is still low competition.

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Area context

Neighbourhood profile (P0A)

This home lists at $99,900, about 1.5× the local median household income of $68,000.

Carrying it typically needs a household income of about $19,514 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$99,900

For sale

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Financing

Need a commercial mortgage?

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Part 2 Berriedale Road, Armour - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (P0A)

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Need a commercial mortgage?