Description

89.75 ACRES SITTING ON ROAD 7 EAST STRETCHING TO ROAD 8 EAST, KINGSVILLE ZONED A1. IDEAL FOR ANY FARMER LOOKING TO EXPAND. CURRENTLY PLANTED IN CASH CROPS AND SHARE CROPPED, ALL PROCCEDS FROM THIS YEAR GO TO THE FARMER AND SELLER. BUYER TO SATISFY THEMSELVES WITH POSSIBILITY OF BUILDING A HOME ON THE LAND AND OBTAINING ALL NECCESSARY PERMITS AND REGULATIONS FROM THE MUNICIPALITY.MINUTES TO KINGSVILLE, COTTAM, ESSEX AND LEAMINGTON. TRANSERFABLE LEASE AGREEMENT WITH BROOKFIELD FOR THE WINDMILL. (id:66096)

Market Timing

Days on market

64d

Kingsville listings, avg age

69d

List price

$2.00M

Haho

This vacant land in Kingsville has been listed for 64 days, which is 5 days fresher than the city average of 69. Act while there is still low competition.

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Area context

Neighbourhood profile (N0P)

This home lists at $1,999,000, about 25.0× the local median household income of $80,000.

Carrying it typically needs a household income of about $390,475 (20% down, 25-yr amortization, stress-tested) — roughly 388% above the area median.

Median household income: $80,000
Population: 53,140
Median age: 46
Owner / renter: 81% / 19%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N0P)

$1,999,000

For sale

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Financing

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157 ROAD 7, Kingsville - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N0P)

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Need a commercial mortgage?