Description

28.39 Acres Of Residential Land,1.5 KM South Of Hwy 401, Mcconnell Av. Exit, East Of Mcconnell Ave, Sub Division Approved For 111 Single Family Detached,28 Semi-Detached, 20 Row Houses And One 21 Unit Apartment Building, A Total Of 180 Units. Draft Plan Approved Subject To Fulfillment Of Conditions And To Be, Developed In 3 Phases.Prospective Buyer To Fulfill These Conditions. Buyer To Do His Own Due-Diligence.very attractive price at $60,000.00 per unit (id:66096)

Property Details

MLS®: X12859174
Property Type: Vacant Land
Business Type: Residential
Zoning: Residential
Interior Size: 28 ft²
Lot Size: 28 acres
Price per Acre: $380,416 per acre
Heating: No heat
Cooling: None
Property Tax: $10,926.2/yr
Listed: 241 days ago

Market Timing

Days on market

241d

Cornwall listings, avg age

79d

Price / ft²

$385,714

List price

$10.80M

Area context

Neighbourhood profile (K6H)

This home lists at $10,800,000, about 176.5× the local median household income of $61,200.

Carrying it typically needs a household income of about $2,109,618 (20% down, 25-yr amortization, stress-tested) — roughly 3347% above the area median.

Median household income: $61,200
Population: 30,440
Median age: 46
Owner / renter: 55% / 45%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA K6H)

$10,800,000· $385,714/ft²

For sale

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0 St Antoine Street, Cornwall - Vacant Land for Sale