151 × 725 ft (2.51 acres) lot

Overview

This lot in Joly is for sale. It has been on the market 70 days, fresher than the Joly average of 125 days.

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Description

Waterfront lot on Forest Lake, just outside of South River - 2.2 acres with 175 feet of northern exposure shoreline. The waterfront is sandy with a gradual drop-off, ideal for families and swimmers. The lot sits at a higher elevation, giving you a vantage point over the water, and a building envelope is already cleared and ready to go. Hydro is accessible along the lot line and the roads are already in, so you can move straight into the building phase. There's room on this property for a main home and a guest house, or two standalone builds - however you want to use the space, the lot supports it. Forest Lake is a clean, quiet lake with great swimming and boating access. South River is minutes away for groceries, gas, the hardware store, and day-to-day needs. North Bay and Huntsville are each about 40 minutes in opposite directions. The lot next door is also for sale if you're looking for more shoreline and room to spread out. If waterfront land with the prep work already behind you is what you've been waiting for, this one's ready when you are. (id:66096)

Property Details

MLS®: X13715220
Property Type: Vacant Land
Zoning: SR - Shoreline Residential
Bathrooms: 0
Lot Size: 151 × 725 ft (2.51 acres)
Frontage: 151 ft
Waterfront: Yes
Property Tax: $1,078.9/yr
Listed: 70 days ago

Features

Lot Features: Irregular lot size

Services

Utilities: Electricity, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Joly listings, avg age

125d

List price

$375K

Homes here sell slower than most markets

Sold homes in this market spent an average of 87 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 87.8 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 Joly has been listed for 70 days, which is 55 days fresher than the city average of 125. Act while there is still low competition.

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Listed by Royal LePage Lakes Of Muskoka Realty · EMMA BONNAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $375,000, about 5.5× the local median household income of $68,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$375,000

For sale

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Financing

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0B Forest Lake Road, Joly - Vacant Land for Sale