Overview

This lot in Cavan Monaghan is for sale. It has been on the market 0 days, fresher than the Cavan Monaghan average of 137 days.

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Description

Development opportunity in the rapidly growing community of Millbrook. Surrounded by ongoing development, this property offers outstanding potential for future residential, commercial, or mixed-use projects. Located just 3 km from Highway 115, only 10 minutes to Highway 407 and Peterborough. One of the region's fastest-growing areas-ideal for developers, investors, or businesses looking to capitalize on Millbrook's continued growth. (id:66096)

Market Timing

Days on market

Cavan Monaghan (Cavan Twp) listings, avg age

137d

List price

$2.13M

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 Twp) has been listed for 0 days, which is 137 days fresher than the city average of 137. Act while there is still low competition.

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Area context

Neighbourhood profile (L0A)

This home lists at $2,125,000, about 18.6× the local median household income of $114,000.

Carrying it typically needs a household income of about $415,087 (20% down, 25-yr amortization, stress-tested) — roughly 264% above the area median.

Median household income: $114,000
Population: 15,325
Median age: 44
Owner / renter: 93% / 7%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0A)

$2,125,000

For sale

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Financing

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917 COUNTY ROAD 10-PLAN4 Road, Cavan Monaghan (Cavan Twp) - Vacant Land for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L0A)

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