Description

A rare opportunity to own and build on a premium, wooded lot of approx. 1.34 acres in Kearney, near Muskoka and just 14 km from Algonquin Park. Enjoy privacy and mature trees, with a cleared path already in place. Seller intends to install a gravel driveway entrance and apply to the municipality for a civic address on Echo Ridge Rd. Paved road frontage. Not waterfront, but only 3 km to lakes and a sandy beach. Excellent area for boating, fishing, hunting, swimming, hiking, snowmobiling and more. Bring your plans and build your dream getaway cottage or year-round home, subject to Town of Kearney zoning, permits, servicing and approvals. Affordably priced. Buyer to verify all zoning, uses, servicing, setbacks and building requirements with the Town of Kearney. (id:66096)

Market Timing

Days on market

Kearney listings, avg age

101d

List price

$179K

Homes here sell slower than most markets

Sold homes in this market spent an average of 69 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 90.3 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 Kearney has been listed for 6 days, which is 95 days fresher than the city average of 101. Act while there is still low competition.

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Area context

Neighbourhood profile (P0A)

This home lists at $179,000, about 2.6× the local median household income of $68,000.

Carrying it typically needs a household income of about $34,965 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$179,000

For sale

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Financing

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Lot 32 Plan 361 Road, Kearney - Vacant Land for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (P0A)

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