$295,000

For sale

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14794 Highway 62 Highway, Madoc - Vacant Land for Sale

14794 Highway 62 Highway, Madoc, Ontario, K0K2K0

0 baths651 × 935 ft (13.96 acres) lotListed 63 days ago

Overview

This lot in Madoc is for sale. It has been on the market 63 days, fresher than the Madoc average of 88 days.

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Description

Prime 15+ Acre Vacant Lot in Madoc - A Rare Opportunity with Income Potential. Discover the perfect blend of natural beauty and investment value on this newly severed 15+ acre property in Madoc. Offering a versatile mix of open, cleared land and mature treed areas, this parcel provides an exceptional canvas for your future home, hobby farm, or rural retreat. Whether you're looking to build, explore recreational uses, or simply invest in land, the gently rolling landscape and serene surroundings make this property truly stand out. Adding to its appeal, the lot includes an income-generating billboard with prime highway exposure, offering an immediate revenue stream for the new owner- an uncommon bonus for vacant land in the area. Located just minutes from Madoc's amenities and within easy reach of Highway 7, this property strikes the perfect balance between peaceful country living and convenient access. Key Features: Newly severed 15+ acre parce, driveway entry completed, Mix of cleared space and mature trees. Income-producing billboard on site. Ideal for residential build, recreational use, or long-term investment. Close to town conveniences (id:66096)

Property Details

MLS®: X13738690
Property Type: Vacant Land
Zoning: RU
Bathrooms: 0
Lot Size: 651 × 935 ft (13.96 acres)
Frontage: 651 ft
Listed: 63 days ago

Features

Lot Features: Wooded area, Partially cleared

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Madoc listings, avg age

88d

List price

$295K

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 63 days, which is 25 days fresher than the city average of 88. Act while there is still low competition.

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Listed by Keller Williams Energy Real Estate · Mat Reynolds

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $295,000, about 3.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $57,624 (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)

$295,000

For sale

Book a showing

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Financing

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