3697 Desert Lake Road, Frontenac (Frontenac South), Ontario, K0H1W0




$299,900
Frontenac
This lot in Frontenac is for sale. It has been on the market 19 days, fresher than the Frontenac average of 68 days.
Beautiful 20.37 Acres of rolling land interspersed with ponds, mature trees, and meadows. HERE'S THE OPPORTUNITY: "Provisional Consent Granted" by the Township to divide the property into TWO 2.1 Acre Building Lots & ONE 16 Acre Building Lot. The Seller has ALREADY done the bulk of the legwork, i.e., the Seller has had professional drawings prepared showing the proposed severance, submitted the severance application to the Township, had it circulated through Planning & other relevant Township departments, posted public notice to obtain community response, completed the municipal circulation process, and ultimately obtained Provisional Consent, subject to conditions.Therefore, whoever purchases this property can either keep it as one parcel OR the Buyer can choose to complete the severances by satisfying the final remaining conditions required by the Township for finalization. Upon successful completion of all remaining conditions and finalization of the severance, the Buyer would then own THREE properties (Two 2.1 Acre Lots & One 16 Acre Lot). The Buyer could then, for example, choose to sell a lot or two or three, or of course, keep them all.Link available in this listing to interactive aerial views illustrating the existing property, PLUS the opportunity being offered. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 68 days across the listings currently for sale in this city
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.
This vacant land in Frontenac (Frontenac South) has been listed for 19 days, which is 49 days fresher than the city average of 68. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $299,900, about 3.3× the local median household income of $92,000.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K0H)
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