Description

HWY #115 Exposure! 53.29 Acres Of Industrial Land Zoned M2 & H7. Designated As Rural Employment Area. Located At HWY #115 And Airport Road Interchange At The South End Of Peterborough. Fronts On Mervin Line & Backs On To HWY #115. Frontage Of 481.88 Ft. On Mervin Line. Frontage Of 1,027.21 Ft. On HWY #115. Depth Of 2,028.27 Ft. Great Visibility To HWY #115. Across The Road From The Peterborough Airport. 53.29 Acres Of Vacant Industrial Land. Zoning Allows For A Variety Of Permitted Uses. (id:66096)

Market Timing

Days on market

50d

Cavan Monaghan (Cavan-Monaghan) listings, avg age

103d

List price

$2.50M

Homes here sell close to asking price

Homes in this market sold for an average of 99.3 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This vacant land in Cavan Monaghan (Cavan-Monaghan) has been listed for 50 days, which is 53 days fresher than the city average of 103. Act while there is still low competition.

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Area context

Neighbourhood profile (K9J)

This home lists at $2,500,000, about 34.5× the local median household income of $72,500.

Carrying it typically needs a household income of about $488,338 (20% down, 25-yr amortization, stress-tested) — roughly 574% above the area median.

Median household income: $72,500
Population: 44,547
Median age: 44
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K9J)

$2,500,000

For sale

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Financing

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1900 Mervin Line, Cavan Monaghan (Cavan-Monaghan) - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (K9J)

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