Overview

This lot in Frontenac Islands is for sale. It has been on the market 43 days, fresher than the Frontenac Islands average of 95 days.

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Description

An exceptional opportunity to own 51 acres of productive farmland on Wolfe Island. Located beside Ridge Road, this recently severed and professionally surveyed parcel has a long agricultural history, having been farmed for more than 100 years. With its open landscape and agricultural character, this parcel is particularly well suited to buyers looking to continue farming, expand an existing agricultural operation or invest in quality island farmland. The property offers the space and peaceful rural setting Wolfe Island is known for, while remaining within convenient driving distance of Marysville, island amenities and the ferry connection to downtown Kingston. Identified as Part 2 on Plan 13R-23572. The adjoining 53-acre parcel is also available separately, providing the opportunity to assemble approximately 104 acres in total. (id:66096)

Market Timing

Days on market

43d

Frontenac Islands (Wolfe Island) listings, avg age

95d

List price

$349K

Homes here sell slower than most markets

Sold homes in this market spent an average of 80 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 90.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Frontenac Islands (Wolfe Island) has been listed for 43 days, which is 52 days fresher than the city average of 95. Act while there is still low competition.

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Area context

Neighbourhood profile (K0H)

This home lists at $349,000, about 3.8× the local median household income of $92,000.

Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $92,000
Population: 47,286
Median age: 51.2
Owner / renter: 91% / 10%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0H)

$349,000

For sale

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Pt 2 Lt 6 Concession 6, Frontenac Islands (Wolfe Island) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Neighbourhood profile (K0H)

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