This lot in East Garafraxa is for sale.

Description

Are you planning for the future? Look no further than this 10 acre parcel of land with two road frontages and located at the corner of County Road 109 and County Road 5 in East Garafraxa. The land is level and open and currently zoned for Residential. The property is across the road from existing commercial operations, including Home Hardware, Arthurs Fuel and card lock depot, Central Ontario FS grain handling facility, as well as agricultural operations. The location is just west of the traffic lights at the intersection of County Road 109 and Highway 25. See aerial photos attached to the listing (id:66096)

Property Details

MLS®: X12423377
Property Type: Vacant Land
Zoning: Rural Residential
Bathrooms: 0
Lot Size: 533 × 910 ft (11.12 acres)
Frontage: 533 ft
Property Tax: $1,219.4/yr
Listed: 406 days ago

Features

Lot Features: Level lot, Level

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

406d

East Garafraxa listings, avg age

131d

List price

$3.90M

Haho

This vacant land in East Garafraxa 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 ROYAL LEPAGE RCR REALTY · DOUGLAS WALTER SCHILD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9W)

This home lists at $3,900,000, about 35.5× the local median household income of $110,000.

Carrying it typically needs a household income of about $761,807 (20% down, 25-yr amortization, stress-tested) — roughly 593% above the area median.

Median household income: $110,000
Population: 48,790
Median age: 40.4
Owner / renter: 81% / 19%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L9W)

$3,900,000

For sale

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Financing

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Pt Lt20 Con 12, East Garafraxa - Vacant Land for Sale