Description

Exceptional opportunity for builders, developers and investors! Four residential lots are available on a quiet cul-de-sac fronting Newman Place in Georgetown. A rare chance to secure land in a desirable and established location, with the potential to create impressive custom homes. Well suited for those seeking a distinctive project or looking to add quality residential inventory in a sought-after community. (id:66096)

Market Timing

Days on market

26d

Halton Hills (Georgetown) listings, avg age

67d

List price

$550K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Halton Hills (Georgetown) has been listed for 26 days, which is 41 days fresher than the city average of 67. Act while there is still low competition.

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Area context

Neighbourhood profile (L7G)

This home lists at $550,000, about 4.2× the local median household income of $132,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $132,000
Population: 48,051
Median age: 42
Owner / renter: 86% / 14%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L7G)

$550,000

For sale

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Financing

Need a commercial mortgage?

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Lot 2 Newman Place, Halton Hills (Georgetown) - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L7G)

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