Description

Newly created lot in the quaint Village of Dwight on dead-end road. At just under 2 acres, this beautiful lot is nicely forested with sandy soils, and lots of options for building sites. Just a short walk to incredible Dwight Beach, Irwin Memorial Public School, dining, shopping, and more. This lot is directly across from a 68 acre parcel that forms part of the Lower Oxtongue River Muskoka Heritage Area, and world-renowned Algonquin Provincial Park is just a short drive away. This lot has everything except you and your dream home in the woods. Taxes not yet assessed. Vendor is related to listing Realtor. HST in addition to purchase price. (id:66096)

Market Timing

Days on market

111d

Lake of Bays (Franklin) listings, avg age

205d

List price

$280K

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 111 days, which is 94 days fresher than the city average of 205. Act while there is still low competition.

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Area context

Neighbourhood profile (P0A)

This home lists at $279,900, about 4.1× the local median household income of $68,000.

Carrying it typically needs a household income of about $54,674 (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)

$279,900

For sale

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Financing

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01 SALE Road, 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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