Overview

This lot in Frontenac is for sale. It has been on the market 55 days, fresher than the Frontenac average of 112 days.

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Description

MARBLE LAKE WATERFRONT BUILDING LOT - NORTH FRONTENAC! A solid opportunity to own approximately 5.6 acres with approximately 250 feet of beautiful, south-facing waterfront on picturesque Marble Lake. This slightly elevated, heavily treed property offers excellent privacy, attractive natural topography, and stunning potential for a year-round home or cottage getaway. A new access road is planned as part of the development, with the property being created as one of three future waterfront lots. Enjoy the combination of substantial acreage, extensive frontage, mature forest, and desirable southern exposure. Lot creation and development are subject to the applicable planning and approval processes, final survey, and all required municipal approvals. A rare opportunity to secure a sizable, private waterfront parcel in the beautiful Land O' Lakes region. (id:66096)

Market Timing

Days on market

55d

Frontenac (Frontenac North) listings, avg age

112d

List price

$274K

Homes here sell below asking price

Homes in this market sold for an average of 94.5 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 (Frontenac North) has been listed for 55 days, which is 57 days fresher than the city average of 112. Act while there is still low competition.

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Area context

Neighbourhood profile (K0H)

This home lists at $274,000, about 3.0× the local median household income of $92,000.

Carrying it typically needs a household income of about $53,522 (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)

$274,000

For sale

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Financing

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Description

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Market Timing

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Neighbourhood profile (K0H)

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