Description

Presenting a prime 132' x 254' lot in the heart of Cheney - a growing community with fantastic potential! Zoned 'CG' - General Commercial (per 'Prescott Russell À La Carte' zoning), this versatile zoning allows for a wide range of permitted uses. Its central location in this growing town presents a rare opportunity for investors, developers, and business owners to capitalize on Cheney's expansion. Don't miss out on securing this dynamic piece of real estate today! (id:66096)

Market Timing

Days on market

65d

Clarence-Rockland listings, avg age

78d

List price

$285K

Haho

This vacant land in Clarence-Rockland has been listed for 65 days, which is 13 days fresher than the city average of 78. Act while there is still low competition.

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Area context

Neighbourhood profile (K0A)

This home lists at $285,000, about 2.5× the local median household income of $115,000.

Carrying it typically needs a household income of about $55,670 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$285,000

For sale

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Financing

Need a commercial mortgage?

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0 Russell Road, Clarence-Rockland - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0A)

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Need a commercial mortgage?