Overview

This lot in Bracebridge is for sale. It has been on the market 64 days, fresher than the Bracebridge average of 73 days.

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Description

Build your dream home or cottage on this scenic 4.49 acre Lot located steps from the Muskoka River and under a 10 min drive to Bracebridge! The Sellers have invested in the Lot's development, getting approval for a minor variance to reduce a set back, to increase the single dwelling's buildable area. The Lot is on the East side of Forrester Trail, not the home at 1019, the Lot shares that civic address but is on a separate Title. The buildable area is towards the North end of Forrester Trail, and has been partially cleared. The Sellers intended to build a home for extended family, but now hope that another family can enjoy this woodland refuge. *High speed fiber optic Internet cable service is available on Forrester Trail* SR1 zoning. *4.49 acre size is the Geowarehouse estimate. Irregular lot, Lot dimensions are not accurate* (id:66096)

Features

Lot Features: Cul-de-sac, Wooded area, Irregular lot size

Services

Utilities: Electricity, Wireless, Electricity Available

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Bracebridge (Macaulay) listings, avg age

73d

List price

$199K

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 Bracebridge (Macaulay) has been listed for 64 days, which is 9 days fresher than the city average of 73. Act while there is still low competition.

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Area context

Neighbourhood profile (P1L)

This home lists at $199,000, about 2.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 17,984
Median age: 51.2
Owner / renter: 80% / 20%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P1L)

$199,000

For sale

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Financing

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1019 Forrester Trail, Bracebridge (Macaulay) - Vacant Land for Sale