Description

Positioned along one of Muskoka's main travel corridors, this approximately 3-acre vacant parcel offers exceptional year-round accessibility just minutes from Dwight and beautiful Lake of Bays. Surrounded by endless outdoor recreation, you'll be close to Dwight Beach, Algonquin Provincial Park, golf courses, hiking trails, restaurants, and all the amenities that make this area a favourite destination in every season. Whether you're planning your future home or investing in Muskoka land, this property presents an excellent opportunity in a highly accessible location. (id:66096)

Market Timing

Days on market

131d

Lake of Bays (Franklin) listings, avg age

208d

List price

$125K

Homes here sell slower than most markets

Sold homes in this market spent an average of 61 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 93.0 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 Lake of Bays (Franklin) has been listed for 131 days, which is 77 days fresher than the city average of 208. Act while there is still low competition.

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Area context

Neighbourhood profile (P0A)

This home lists at $124,900, about 1.8× the local median household income of $68,000.

Carrying it typically needs a household income of about $24,397 (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)

$124,900

For sale

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Financing

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0 Highway 60 Highway, Lake of Bays (Franklin) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0A)

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