Rare development opportunity on oversized lot in Thornbury. 2.2 acres!Experience the opportunity to acquire one of the most significant parcels of land in the heart of Thornbury on 2.2 acres. This expansive, oversized lot offers the perfect canvas for a visionary project, situated near the tranquil waters of the Mill Pond and a short, scenic stroll to the boutique shops, award-winning dining, and vibrant culture of Downtown Thornbury.The property is currently home to a legacy structure being sold in "as-is" condition, as the true value of this offering lies in the land's incredible dimensions and location. This is a versatile investment that caters to the most ambitious of architectural plans. For the strategic builder or developer, the generous frontage and depth present a prime opportunity to divide the lot into two distinct, high-value lots. Alternatively, this site represents the ultimate area for an individual looking to create a world-class estate with a view of the ravine along the east side.Imagine a sprawling custom residence featuring private gardens and total privacy on a dead end street, in the heart of Thornbury.Ideally located close to the areas private ski and golf clubs, offering year-round recreational opportunities. Walking distance to the harbour, beach, dining, fantastic coffee shops and everything downtown Thornbury has to offer.Don't miss the chance to make this exceptional property your own and experience the best of Thornbury living.Services: Town Sewer, Town Water, Gas, Cable available on the street. (id:66096)
Property Details
MLS®
X13862510
Property Type
Vacant Land
Zoning
R1
Bathrooms
0
Lot Size
168 × 313 ft (1.20 acres)
Frontage
168 ft
Property Tax
$2,577/yr
Listed
30 days ago
Features
Exterior
Brick
Lot Features
Wooded area, Irregular lot size
Services
Utilities
Sewer, Electricity, Cable
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
30d
Blue Mountains listings, avg age
91d
List price
$1.50M
Extended: 30 days on market, against an average age of 91 days across the listings currently for sale in this city
Market timing · days on market0 → 91d avg age of current listings
Extended · day 30
Homes here sell slower than most markets
Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.5 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 Blue Mountains has been listed for 30 days, which is 61 days fresher than the city average of 91. Act while there is still low competition.
Listed by Royal LePage Locations North · STEVE SIMON
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N0H)
This home lists at $1,495,000, about 17.4× the local median household income of $86,000.
Carrying it typically needs a household income of about $292,026 (20% down, 25-yr amortization, stress-tested) — roughly 240% above the area median.
Median household income
$86,000
Population
53,674
Median age
52.8
Owner / renter
86% / 14%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA N0H)
$1,495,000
For sale
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Financing
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