Description

Add this excellent investment property to your portfolio. Great piece of vacant unserviced land for potential future development. Situated in highly sought after and fast growing town of LaSalle, Ontario. Buyer to perform due diligence in terms of zoning, taxes, survey, lot lines and services. 2 lots available side by side, can be purchased together, see MLS®26026805. (id:66096)

Market Timing

Days on market

LaSalle listings, avg age

92d

List price

$25K

Haho

This vacant land in LaSalle has been listed for 2 days, which is 90 days fresher than the city average of 92. Act while there is still low competition.

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Area context

Neighbourhood profile (N9J)

This home lists at $25,000, about 0.2× the local median household income of $119,000.

Carrying it typically needs a household income of about $4,883 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $119,000
Population: 20,089
Median age: 43.6
Owner / renter: 92% / 8%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N9J)

$25,000

For sale

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Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

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Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

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V/L KINSMAN, LaSalle - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Neighbourhood profile (N9J)

Book a showing

Need a commercial mortgage?