Overview

This lot in Hastings Highlands is for sale offering roughly 7 sq ft of space.

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Description

6.922 hectares of Urban Industrial Land. Excellent development opportunity with 6.922 hectares (17.1 acres) of Urban Industrial Land located on 85.99 m frontage along Y Road in the Township of Hastings Highlands. Zoning allows for a wide variety of uses, including manufacturing, processing, warehousing, storage/self-storage, machine or welding shops, auto repair/service stations, transport terminals/yards, research facilities, building supply outlets, and related offices and caretaker dwellings. Accessory retail is also permitted under zoning, provided it is part of the principal building. Are you ready to build? This is a fabulous opportunity for industrial development in Hastings Highlands! Important Restrictions: Purchaser must construct a building (or buildings) on the property in accordance with the approved municipal plan and obtain occupancy within 60 months of purchase. See schedules B and C attached. (id:66096)

Property Details

MLS®: X12400255
Property Type: Vacant Land
Zoning: Urban Industrial (UI)
Interior Size: 7 ft²
Lot Size: 17 acres
Frontage: 86 m
Price per Acre: $34,202 per acre
Listed: 418 days ago

Features

Lot Features: Irregular lot size

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

418d

Hastings Highlands (Herschel Ward) listings, avg age

112d

Price / ft²

$83,571

List price

$585K

Homes here sell slower than most markets

Sold homes in this market spent an average of 65 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 91.7 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 Hastings Highlands (Herschel Ward) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Reva Realty Inc. · Lisa Scott

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0L)

This home lists at $585,000, about 7.4× the local median household income of $79,000.

Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$585,000· $83,571/ft²

For sale

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Financing

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0 Y Road Part 4, Hastings Highlands (Herschel Ward) - Vacant Land for Sale