Description

9+ acres of prime development land on Highway 28 at the gateway to cottage country. Huge potential for this level lot with incredible highway visibility attracting up to 6,000 vehicles/day. This property is currently zoned Commercial and Rural and will benefit from Employment Designation under the incoming Official Plan, clearing the way for a vast array of permitted uses. Entrance may be permitted from County Road 6 or 5th Line. Convenient access to Highway 28, Hwy 7, Hwy 115 leading to the 407 and 401. (id:66096)

Property Details

MLS®: X12729856
Property Type: Vacant Land
Zoning: RURAL & SD 84-H
Lot Size: 9.30 acres
Frontage: 256 ft
Price per Acre: $91,290 per acre
Property Tax: $898.88/yr
Listed: 282 days ago

Features

Lot Features: Irregular lot size

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

282d

Douro-Dummer listings, avg age

104d

List price

$849K

Haho

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Listed by Royal LePage Frank Real Estate · Jess Russell

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $849,000, about 10.7× the local median household income of $79,000.

Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 110% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$849,000

For sale

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Financing

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PT 21 CON 6, Douro-Dummer - Vacant Land for Sale