$390,000
Kapuskasing
#Moonbeam 187-A Ouellette Bay Road, Kapuskasing, Ontario, P0L1V0
This lot in Kapuskasing is for sale.
Attention construction contractors and campground owners! Explore the potential of this private 22-acre sand and gravel pit, now available for sale. near the magnificent Remi Lake in the municipality of Moonbeam, a haven for recreation enthusiasts. This property offers numerous opportunities for both development and resource extraction. For many years, this land has been utilized by a private contractor to extract aggregates, transporting them to various sites for projects like septic beds, weeping tiles around foundations, and land elevation. This property holds immense potential for anyone interested in developing a campground (subject to rezoning), providing a unique venture for those looking to invest in such an enterprise. The property includes granular C grade 7 certified for septic bed use, with approximately 500,000 yards located on the southwest side. There are also around 60,000 yards of granular B gravel near the water area on the north end, ideal for weeping tiles around home foundations. Additionally, the property boasts approximately 50,000 yards of packing sand topsoil on the southeast side, primarily used for raising and elevating land and properties. On the east side, you will find black earth, suitable for gardens and grassing properties. Please note that all measurements are approximate, and it is the buyer's responsibility to verify and confirm these amounts. The sale is subject to HST. This versatile property is poised to meet various needs, offering numerous possibilities for future development. Don't miss out on this exceptional opportunity! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 205 days on market, against an average age of 123 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 61 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 94.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This vacant land in Kapuskasing is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $390,000, about 5.0× the local median household income of $77,500.
Carrying it typically needs a household income of about $76,181 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0L)
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