Description

HUGE VACANT LAND LOCATED IN THE REMI LAKE AREA. ACCESSIBLE YEAR-ROUND, THIS PROPERTY OFFERS YOU THE PERFECT PLACE TO BUILT YOUR DREAM HOME. THERE IS APPROXIMATELY 30 ACRES OF OPEN FIELD READY TO FARM AND APPROXIMATELY 120 ACRES OF MATURE STANDING TIMBER WITH A MIX OF CONIFERS AND DECIDUOUS TREES. THERE IS ALSO 3 COLD STORAGE IF YOU NEED A PLACE TO PARK YOUR WINTER AND SUMMER TOYS. STORAGE 1, 24X38. STORAGE 2, 24X33. STORAGE 3, 16X32. GREAT LOCATION GREAT PIECE OF LAND ONLY MINUTES AWAY FROM REMI LAKE. (id:66096)

Market Timing

Days on market

107d

Kapuskasing listings, avg age

121d

List price

$195K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 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 94.1 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 Kapuskasing has been listed for 107 days, which is 14 days fresher than the city average of 121. Act while there is still low competition.

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Area context

Neighbourhood profile (P0L)

This home lists at $195,000, about 2.5× the local median household income of $77,500.

Carrying it typically needs a household income of about $38,090 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 22,859
Median age: 42
Owner / renter: 71% / 29%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0L)

$195,000

For sale

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Financing

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197 Ouellette Bay Road, Kapuskasing - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0L)

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