



$189,900
Lake of the Woods
Bergland Cemetery Rd, Lake of the Woods (Morson), Ontario, P0W1M0
This lot in Lake of the Woods is for sale. It has been on the market 71 days, fresher than the Lake of the Woods average of 134 days.
New Listing. 28 Acres of Waterfront Opportunity! Rare opportunity to own approximately 28 acres of cleared land along the Little Grassy River, featuring almost 1,000 feet of water frontage and excellent road access. Hydro is available at the roadside, making this property an ideal setting for a private rural estate, hobby farm, recreational retreat or potential future development. The level, cleared land offers plenty of possibilities for agricultural use, while the extensive river frontage creates exciting potential for subdivision and waterfront lots, subject to municipal approvals and all required due diligence. The Little Grassy River provides boating access toward Lake of the Woods, renowned for world-class fishing, along with excellent hunting and year-round outdoor recreation. A unique opportunity to invest in a large waterfront parcel with incredible potential in the heart of Northwestern Ontario. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 71 days on market, against an average age of 134 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 91 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 93.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This vacant land in Lake of the Woods (Morson) has been listed for 71 days, which is 63 days fresher than the city average of 134. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $189,900, about 2.5× the local median household income of $76,500.
Carrying it typically needs a household income of about $37,094 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0W)
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