Overview

This lot in Madawaska Valley is for sale. It has been on the market 113 days, fresher than the Madawaska Valley average of 180 days.

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Description

Discover the opportunity to build your dream home or country retreat on this beautiful approximately 13-acre parcel just minutes west of the town of Barry's Bay. Located on Highway 60, this RU (Rural) zoned property offers an excellent combination of privacy, natural beauty and year-round accessibility. Surrounded by mature forest with an existing cleared area, the property provides an ideal setting for a custom home, hobby farm or recreational getaway, subject to municipal approvals. RU zoning offers a variety of permitted rural uses, making this an excellent investment for those seeking flexibility and space. Buyers are encouraged to complete their own due diligence regarding intended uses and permitted development. Opeongo Road runs along the North end of the property for additional access. There is access from Highway 60 - no 911 number. The lot slopes up, with a clearing positioned on a flat portion of the lot surrounded by trees. There is hydro at the road. Enjoy the best of the Ottawa Valley with nearby lakes, public boat launches, ATV and snowmobile trails, hiking, fishing and endless outdoor recreation. Conveniently located just a short drive to Barry's Bay for shopping, restaurants, schools, healthcare and everyday amenities. Whether you're looking to build now or invest for the future, this scenic property offers the space and freedom to bring your vision to life in one of the Valley's most desirable rural settings. (id:66096)

Market Timing

Days on market

113d

Madawaska Valley listings, avg age

180d

List price

$170K

Homes here sell slower than most markets

Sold homes in this market spent an average of 80 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 92.6 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 Madawaska Valley has been listed for 113 days, which is 67 days fresher than the city average of 180. Act while there is still low competition.

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Area context

Neighbourhood profile (K0J)

This home lists at $169,900, about 2.2× the local median household income of $76,000.

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: $76,000
Population: 34,322
Median age: 52.4
Owner / renter: 87% / 13%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$169,900

For sale

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00 60 Highway, Madawaska Valley - Vacant Land for Sale

Description

Property Details

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (K0J)

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