Overview

This lot in Lanark Highlands is for sale. It has been on the market 47 days, fresher than the Lanark Highlands average of 106 days.

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Description

Newly severed 2.5-acre building lot on Darling Road, ideally located in the beautiful Lanark Highlands. This peaceful, treed property offers the perfect setting to design and build the home you've always wanted. Hydro is available at the road, and a laneway is already in place. Enjoy convenient school bus pickup and easy year-round access via a wide, well-maintained gravel road, just 600 metres from paved Tatlock Road. Located approximately 20 minutes from Almonte and 35 minutes from Kanata, this property combines rural tranquility with convenient access to nearby communities and amenities. Why settle for someone else's country home when you can build exactly what you want? An excellent opportunity for a builder, with two side-by-side lots available, or for buyers who wish to build next door to family or friends. Lot lines on images are approximate and for reference only. (id:66096)

Market Timing

Days on market

47d

Lanark Highlands listings, avg age

106d

List price

$170K

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 47 days, which is 59 days fresher than the city average of 106. Act while there is still low competition.

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Area context

Neighbourhood profile (K0A)

This home lists at $169,900, about 1.5× the local median household income of $115,000.

Carrying it typically needs a household income of about $33,187 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$169,900

For sale

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Financing

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Description

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Market Timing

Location

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Neighbourhood profile (K0A)

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