This lot in Cramahe is for sale offering roughly 1 sq ft of space.

Description

Excellent commercial opportunity in the growing community of Colborne. This 165' x 198' corner lot offers strong exposure and easy accessibility, making it well suited for a variety of commercial uses. Conveniently located with quick access to both Highway 2 and Highway 401, the property provides an ideal setting for businesses looking to benefit from a strategic location. Available for purchase or lease, this versatile property presents a rare chance to secure commercial land in a well-connected area with plenty of potential for future growth and development. (id:66096)

Property Details

MLS®: X13445700
Property Type: Vacant Land
Zoning: M
Interior Size: 1 ft²
Lot Size: 32,670 sq ft (0.75 ac)
Frontage: 165 ft
Price per Acre: $266,665 per acre
Property Tax: $1,443.47/yr
Listed: 142 days ago

Market Timing

Days on market

142d

Cramahe (Colborne) listings, avg age

108d

Price / ft²

$199,999

List price

$200K

Homes here sell slower than most markets

Sold homes in this market spent an average of 89 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Cramahe (Colborne) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · JACQUELINE PENNINGTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $199,999, about 2.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$199,999· $199,999/ft²

For sale

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Financing

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1 Earl Street, Cramahe (Colborne) - Vacant Land for Sale