Description

Vacant lots are getting hard to find! This lot is located within a 10 minute boat ride from the nearest boat launch to the north shore of Zigzag Island in Clearwater Bay. This desirable location offers 0.556 of an acre with 115 feet of low profile shoreline. It has nice tree cover with long views of the lake and crown land as a neighbour to the east, which provides good privacy. An old 14' x 24' cabin, which could be considered a tear-down, is on the property. This lot can be accessed via an ice road in the winter, and hydro is nearby. This property is located inside the Clearwater Bay Restricted Development Area. (id:66096)

Market Timing

Days on market

55d

Kenora Remote Area (Lake of the Woods West) listings, avg age

243d

List price

$259K

Homes here sell slower than most markets

Sold homes in this market spent an average of 77 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Kenora Remote Area (Lake of the Woods West) has been listed for 55 days, which is 188 days fresher than the city average of 243. Act while there is still low competition.

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Area context

Neighbourhood profile (P0X)

This home lists at $259,000, about 3.4× the local median household income of $75,500.

Carrying it typically needs a household income of about $50,592 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $75,500
Population: 8,410
Median age: 43.6
Owner / renter: 91% / 9%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0X)

$259,000

For sale

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Lot 3 Zigzag Island, Kenora Remote Area (Lake of the Woods West) - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Neighbourhood profile (P0X)

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