Description

Build your dream home on this beautiful 5.08-acre recently severed country lot, offering an ideal combination of privacy, space, and natural beauty. High and dry with a driveway already in place and hydro available at the road, this property provides a great head start for your future plans. The lot is beautifully treed with Red Pine and mixed bush, creating a peaceful and picturesque setting with plenty of privacy and that true country feel. With just over five acres to enjoy, there's lots of room to create the home, outdoor spaces, and lifestyle you've been looking for while surrounded by nature. A fantastic opportunity to secure an attractive rural building lot and make it your own. Taxes have not yet been assessed. (id:66096)

Market Timing

Days on market

56d

Lanark Highlands listings, avg age

106d

List price

$199K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 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 94.4 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 Lanark Highlands has been listed for 56 days, which is 50 days fresher than the city average of 106. Act while there is still low competition.

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Area context

Neighbourhood profile (K0G)

This home lists at $199,000, about 2.1× the local median household income of $94,000.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$199,000

For sale

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Financing

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1151 Rosetta Road, Lanark Highlands - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0G)

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