00 Middle Lot Highway 62, Madoc - Vacant Land for Sale

00 Middle Lot Highway 62, Madoc, Ontario, K0K2K0

0 baths416 × 2326 ft (22.21 acres) lotListed 47 days ago

Overview

This lot in Madoc is for sale. It has been on the market 47 days, fresher than the Madoc average of 88 days.

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Description

39.88 acres just north of Madoc-this could be the property you've been waiting for! A newly installed driveway leads back to a prime building site surrounded by mature forest, offering exceptional privacy and the peaceful setting you've been looking for. A new drilled well producing an impressive 10 GPM provides an excellent source of water for your future home. Enjoy the best of country living while remaining just minutes from Madoc and the Highway 7 corridor. Outdoor enthusiasts will appreciate the close proximity to the Trans Canada Trail and numerous nearby lakes, offering plenty of opportunities for hiking, boating, fishing, and recreation. With no development fees in Madoc Township, this is an excellent opportunity to secure your own private piece of the countryside and start planning your dream home. Don't wait-properties like this don't come along often! (id:66096)

Property Details

MLS®: X13803664
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 416 × 2326 ft (22.21 acres)
Frontage: 416 ft
Listed: 47 days ago

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Madoc listings, avg age

88d

List price

$260K

Homes here sell slower than most markets

Sold homes in this market spent an average of 73 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 Madoc has been listed for 47 days, which is 41 days fresher than the city average of 88. Act while there is still low competition.

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Listed by Century 21 Lanthorn Real Estate Ltd. · Steve Bancroft

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $259,900, about 3.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $50,768 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$259,900

For sale

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Financing

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