$450,000

For sale

1110 Flanagan Trail South, Gravenhurst (Wood (Gravenhurst)) - Vacant Land for Sale

1110 Flanagan Trail South, Gravenhurst (Wood (Gravenhurst)), Ontario, P0E1G0

0 baths304 × 205 ft (1.43 acres) lotListed 71 days ago

Overview

This lot in Gravenhurst is for sale. It has been on the market 71 days, fresher than the Gravenhurst average of 94 days.

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Description

Just over an acre of prime waterfront, almost 300 feet of shoreline, with southern exposure, located in south Muskoka on the Trent Severn Waterway System -very close to Sparrow Lake. Great swimming. Perfect for boaters who want to access all the places on the Trent Severn Waterway, you can go almost anywhere from here. It's a perfect, natural canvas for your dream cottage - or year-round home or a wise long-term investment in land. With an elevated topography, the property is ideally suited for building high and dry, with benefit of a flat section along the shoreline. This package has everything you need to get started, permit ready ,the building envelope has been blasted and levelled, house plans are available. Hydro is at the road. Year-round road access is via private road association (maintenance fee) Buyer is responsible for Lot Levies and Development Charges. A majestic property with Iconic granite outcroppings and mature trees it 's just as magical untouched as it would be developed. Bonus! Seller will hold a mortgage on approved credit and down payment. (id:66096)

Property Details

MLS®: X13711906
Property Type: Vacant Land
Zoning: RW-6A
Bathrooms: 0
Lot Size: 304 × 205 ft (1.43 acres)
Frontage: 304 ft
Garage: No Garage
Waterfront: Yes
Property Tax: $988/yr
Listed: 71 days ago

Features

Lot Features: Wooded area, Irregular lot size, Rocky, Sloping, Partially cleared, Dry

Services

Utilities: Electricity, Telephone, Wireless, Electricity Available

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Gravenhurst (Wood (Gravenhurst)) listings, avg age

94d

List price

$450K

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 Gravenhurst (Wood (Gravenhurst)) has been listed for 71 days, which is 23 days fresher than the city average of 94. Act while there is still low competition.

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Listed by SIMCOE HILLS REAL ESTATE INC. · THERESA COULSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0E)

This home lists at $450,000, about 5.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $83,000
Population: 3,606
Median age: 54.4
Owner / renter: 94% / 6%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0E)

$450,000

For sale

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Financing

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