Overview

This lot in East Ferris is for sale. It has been on the market 51 days, fresher than the East Ferris average of 94 days.

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Description

Discover an exceptional 31-acre sprawling lot on Highway 17 in East Ferris, offering the perfect blend of seclusion and accessibility just 15 minutes from North Bay. This stunning property is enveloped by mature trees, with hydro services available creating a private, serene setting for your future home. Enjoy a true wooded retreat with an established cleared driveway leading to your next adventure. Ideal for immediate enjoyment or a head start on building preparations. Located just minutes from the shores of Trout lake, residents have easy access to year-round outdoor activities. Whether you envision a country estate, a cozy cabin, or a family sanctuary, this 30+ acre sprawling lot with privacy between neighbours, provides the ideal canvas to bring your vision to life. (id:66096)

Market Timing

Days on market

51d

East Ferris listings, avg age

94d

List price

$295K

Homes here sell faster than most markets

Sold homes in this market spent an average of 37 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This vacant land in East Ferris has been listed for 51 days, which is 43 days fresher than the city average of 94. Act while there is still low competition.

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Area context

Neighbourhood profile (P0H)

This home lists at $295,000, about 3.7× the local median household income of $80,000.

Carrying it typically needs a household income of about $57,624 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$295,000

For sale

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Financing

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2647C Highway 17 East, East Ferris - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0H)

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Need a commercial mortgage?