Overview

This lot in Grey Highlands is for sale offering roughly 350 sq ft of space. It has been on the market 26 days, fresher than the Grey Highlands average of 88 days.

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Description

117'x82.5' site in the downtown core of Markdale. Municipally owned land behind the lot and facing the former Markdale hospital this location is ideal for future development opportunities. C1 zoning permits multiple uses including: Professional and business offices, Retail commercial, Restaurants, Single detached and multi-attached residential uses, Light industrial uses, and more. Being sold for land value, building is not habitable. (id:66096)

Market Timing

Days on market

26d

Grey Highlands listings, avg age

88d

Price / ft²

$1,717

List price

$600K

Homes here sell slower than most markets

Sold homes in this market spent an average of 76 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 93.7 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 Grey Highlands has been listed for 26 days, which is 62 days fresher than the city average of 88. Act while there is still low competition.

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Area context

Neighbourhood profile (N0C)

This home lists at $600,000, about 7.1× the local median household income of $85,000.

Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — roughly 38% above the area median.

Median household income: $85,000
Population: 17,537
Median age: 43.6
Owner / renter: 86% / 14%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0C)

$600,000· $1,717/ft²

For sale

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Financing

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23 Argyle Street, Grey Highlands - Vacant Land for Sale

Description

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Market Timing

Location

Nearby Places

Neighbourhood profile (N0C)

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