Description

Build your Muskoka dream on Paint Lake Road in beautiful Lake of Bays! This generously sized building lot offers a great opportunity to create your own year-round home or cottage retreat in a peaceful, natural setting. Surrounded by the beauty of Muskoka, the property provides plenty of space to design a home that suits your lifestyle while enjoying the privacy and tranquility of the area. Conveniently located within easy reach of Baysville, Huntsville and the many lakes, trails and recreational opportunities Lake of Bays has to offer. Whether you're looking to build now or secure a piece of Muskoka for the future, this is a wonderful opportunity to make it your own. (id:66096)

Market Timing

Days on market

48d

Lake of Bays (Ridout) listings, avg age

82d

List price

$149K

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 (Ridout) has been listed for 48 days, which is 34 days fresher than the city average of 82. Act while there is still low competition.

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Area context

Neighbourhood profile (P0B)

This home lists at $149,000, about 1.7× the local median household income of $90,000.

Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $90,000
Population: 9,589
Median age: 53.2
Owner / renter: 91% / 9%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0B)

$149,000

For sale

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Financing

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00 Paint Lake Road, Lake of Bays (Ridout) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0B)

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