Description

Vacant Commercial Land for sale! Great opportunity to build and operate a commercial business on a busy stretch of highway close to recreational trails and waterways in an established cottage district in the West Ottawa Valley. Total land is just under an acre, with the option to combine with an adjacent parcel of land totaling about 2.5 ac. (id:66096)

Market Timing

Days on market

73d

Greater Madawaska listings, avg age

97d

List price

$130K

Homes here sell slower than most markets

Sold homes in this market spent an average of 68 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Greater Madawaska has been listed for 73 days, which is 24 days fresher than the city average of 97. Act while there is still low competition.

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Area context

Neighbourhood profile (K0J)

This home lists at $129,900, about 1.7× the local median household income of $76,000.

Carrying it typically needs a household income of about $25,374 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,000
Population: 34,322
Median age: 52.4
Owner / renter: 87% / 13%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$129,900

For sale

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Financing

Need a commercial mortgage?

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26000-B Hwy 41, Greater Madawaska - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (K0J)

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Need a commercial mortgage?