Description

Exceptional opportunity to own 21.26 acres of prime vacant land with direct access to Hwy 7. This picturesque property features mature trees, paved municipal road, and hydro at the lot line. Offering a perfect balance of privacy and convenience. Located in a developed area, this parcel is ideal for building your forever home, a private getaway, or future development. The land is cleared, with multiple potential building sites, surrounded by nature while still being close to local amenities, lakes, trails, and commuter routes. (id:66096)

Market Timing

Days on market

106d

Marmora and Lake (Marmora Ward) listings, avg age

114d

List price

$270K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 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 94.2 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 Marmora and Lake (Marmora Ward) has been listed for 106 days, which is 8 days fresher than the city average of 114. Act while there is still low competition.

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Area context

Neighbourhood profile (K0K)

This home lists at $269,900, about 3.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $52,721 (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)

$269,900

For sale

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Financing

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00 KOA Road, Marmora and Lake (Marmora Ward) - Vacant Land for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (K0K)

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