5248 King Road, Hamilton Township - Vacant Land for Sale

5248 King Road, Hamilton Township, Ontario, K0K2E0

0 baths350 ft²103 × 647 ft (1.52 acres) lotListed 28 days ago

Overview

This lot in Hamilton Township is for sale offering roughly 350 sq ft of space. It has been on the market 28 days, fresher than the Hamilton Township average of 94 days.

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Description

A rare opportunity to own approximately 7 acres of waterfront property on the beautiful south shore of Rice Lake in Gore's Landing. Offering approximately 100 feet (30.48 metres) of direct deeded waterfront, this private and predominantly treed parcel features a peaceful natural setting, a cleared area near the shoreline and a spring-fed well on the property. Any proposed development remains subject to applicable zoning and conservation requirements, along with the necessary studies, permits and approvals. Located a short drive from Cobourg and Highway 401, this unique offering combines privacy, a natural waterfront setting and proximity to nearby amenities. (id:66096)

Property Details

MLS®: X13870552
Property Type: Vacant Land
Zoning: A-103
Bathrooms: 0
Interior Size: 350 ft²
Lot Size: 103 × 647 ft (1.52 acres)
Frontage: 102 ft
Garage: No Garage
Waterfront: Yes
Property Tax: $2,752.06/yr
Listed: 28 days ago

Features

Lot Features: Wooded area, Irregular lot size

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Hamilton Township listings, avg age

94d

Price / ft²

$1,130

List price

$395K

Homes here sell faster than most markets

Sold homes in this market spent an average of 37 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Hamilton Township has been listed for 28 days, which is 66 days fresher than the city average of 94. Act while there is still low competition.

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Listed by Royal LePage ProAlliance Realty · Laurie McKeen

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $395,000, about 4.8× the local median household income of $83,000.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$395,000· $1,130/ft²

For sale

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Financing

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