$4,117,000
Kingston
East Creekford Road, Kingston (City Northwest), Ontario, K7P2Z4
This lot in Kingston is for sale. It has been on the market 6 days, fresher than the Kingston average of 66 days.
Approximately 53 acres forming the EAST half of the 105-acre Creekford Road Development Lands, offered together with the adjoining West parcel at 3243 Creekford Road (see companion listing).The lands are identified within the proposed Urban Boundary Expansion in the City of Kingston's Second Draft Official Plan, which plans for growth to 2051. The property sits on the south side of the emerging Creekford Corridor, close to Cataraqui Business Park, the Cataraqui Centre retail node, Highway 401 and the proposed Kingston Health & Life Sciences Innovation District. Kingston has steady housing demand from Queen's University, St. Lawrence College, CFB Kingston and the healthcare sector, and its supply of future serviced land is limited, which makes this a compelling long-term development or land-banking position. Listing excludes the owner's residence. Sale is subject to severance, and the area of the home to be severed is to be defined as a condition of sale. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
This vacant land in Kingston (City Northwest) has been listed for 6 days, which is 60 days fresher than the city average of 66. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $4,117,000, about 39.2× the local median household income of $105,000.
Carrying it typically needs a household income of about $804,194 (20% down, 25-yr amortization, stress-tested) — roughly 666% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7P)
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