Overview

This lot in Lanark Highlands is for sale. It has been on the market 20 days, fresher than the Lanark Highlands average of 106 days.

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Description

Beautiful 2+ acre level and wooded lot located on a year-round paved road in the heart of the Lanark Highlands, an ideal setting to build your dream home, cottage, or peaceful rural retreat. This scenic property offers a wonderful mix of mature trees and open clearings with excellent road frontage and easy year-round access. RU zoning allows for a variety of residential and recreational uses, including hobby farming or a private getaway. Hydro and utilities are nearby but not currently connected, giving you the flexibility to create an off-grid escape or fully customized development. Enjoy the tranquility of country living just minutes from Dalhousie Lake, local trails, and the charming communities of Lanark, Perth, and Calabogie. A fantastic opportunity to own affordable acreage in a quiet and naturally beautiful setting. (id:66096)

Market Timing

Days on market

20d

Lanark Highlands listings, avg age

106d

List price

$105K

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 20 days, which is 86 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 $105,000, about 1.1× the local median household income of $94,000.

Carrying it typically needs a household income of about $20,510 (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)

$105,000

For sale

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Financing

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Lot 2 Watsons Corners Road, Lanark Highlands - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (K0G)

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