Overview

This lot in Marmora and Lake is for sale. It has been on the market 42 days, fresher than the Marmora and Lake average of 115 days.

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Description

Discover this private and spacious 2.966-acre vacant lot located on the south side of Highway 7, just east of the charming town of Marmora. This mostly flat, wooded property boasts a partially cleared area ideal for building and includes forests and trails winding through the property. A driveway apron and gate is already in place, and all utilities are accessible at the lot line. Enjoy the proximity to local amenities while being close to lakes, rivers, parks, and a wide array of outdoor activities, including swimming, boating, hiking, fishing, and camping in the heart of cottage country. (id:66096)

Market Timing

Days on market

42d

Marmora and Lake (Marmora Ward) listings, avg age

115d

List price

$109K

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 94.1 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 42 days, which is 73 days fresher than the city average of 115. Act while there is still low competition.

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Area context

Neighbourhood profile (K0K)

This home lists at $109,000, about 1.3× the local median household income of $83,000.

Carrying it typically needs a household income of about $21,292 (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)

$109,000

For sale

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Financing

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103080 Highway 7 Highway East, Marmora and Lake (Marmora Ward) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0K)

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