$1,299,000

For saleJust listed

Storm Bay Road West, Kenora Remote Area (Lake of the Woods North) - Vacant Land for Sale

Storm Bay Road West, Kenora Remote Area (Lake of the Woods North), Ontario, P0X1H0

0 baths8 parking198 × 312 ft (1.41 acres) lotListed Yesterday

Overview

This lot in Kenora Remote Area is for sale. It has been on the market 1 day, fresher than the Kenora Remote Area average of 226 days.

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Description

A wonderful opportunity to acquire a vacant, level building lot featuring desirable west exposure, clean deep-water frontage and a marvelous lake view. The property includes a storage shed and a steel-built boat port at the water's edge, complete with a floating dock. Situated next to the main cottage property, this lot would make an excellent complement to the adjoining property, and ideally both would be purchased by the same Buyer. However, it also offers genuine stand-alone value and an outstanding opportunity to build a beautiful new cottage in a terrific waterfront setting. Whether combined with the neighbouring property or purchased independently, this is an attractive waterfront offering with plenty of potential. (id:66096)

Property Details

MLS®: X14146140
Property Type: Vacant Land
Zoning: unorganized
Bathrooms: 0
Parking: 8
Lot Size: 198 × 312 ft (1.41 acres)
Frontage: 198 ft
Garage: No Garage
Waterfront: Yes
Property Tax: $2,104/yr
Listed: Yesterday

Features

Lot Features: Irregular lot size

Services

Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

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

226d

List price

$1.30M

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 North) has been listed for 1 day, which is 225 days fresher than the city average of 226. Act while there is still low competition.

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Listed by Century 21 Northern Choice Realty Ltd. · Nacho Boveri

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0X)

This home lists at $1,299,000, about 17.2× the local median household income of $75,500.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 236% above 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)

$1,299,000

For sale

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