418 Victoria Beach Road, Cramahe, Ontario, K0K1S0




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$998,000
Cramahe
This home in Cramahe is for sale offering roughly 350 sq ft of space. It has been on the market 34 days, fresher than the Cramahe average of 109 days.
Build Your Dream Estate Across From Lake Ontario! Discover 24.92 acres of privacy, open space and breathtaking lake views, just steps from the shore-an exceptional setting for a custom home, outdoor entertaining and spectacular sunsets. Zoned RU-2 for residential, agricultural and limited commercial uses, with permitted uses under the Rural zoning provisions including a single detached dwelling; a duplex dwelling; a converted dwelling containing up to two dwelling units; agricultural or farm use; a bed-and-breakfast establishment; a cemetery; a commercial dog kennel; a commercial greenhouse; a conservation area with recreational activities, nature study and wildlife preservation; a day nursery; a farm produce outlet; a feed mill; forestry and reforestation; a garden nursery sales and supply establishment; a grain cleaning plant; a grain drying and storage facility; a group home; a home industry; a home occupation; a livestock sales barn; a portable asphalt plant; a riding or boarding stable; a veterinary clinic; and a wayside pit or quarry, subject to site-specific RU-2 provisions and applicable approvals. Ideally situated on a year-round municipal road and school bus route, close to Colborne and minutes from the Big Apple, this remarkable property offers exciting possibilities for homeowners, entrepreneurs and investors alike. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 109 days across the listings currently for sale in this city
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.
This single family in Cramahe has been listed for 34 days, which is 75 days fresher than the city average of 109. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $998,000, about 12.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $194,944 (20% down, 25-yr amortization, stress-tested) — roughly 135% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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