Description

Ready to build your dream home? What does the property offer that may not be available with other vacant lots. The hardwork has been completed. Severance completed, Karst and HydroG studies approved, finished entranceway with approved entrance permits, a drilled well, tested, and certified. With these key steps completed, you can save months of waiting and $40,000+/- in expense.This beautifully wooded 1.5-acre lot on desirable Marble Point Road offers 150 feet of frontage for added privacy from neighbours. Ideally located near the Crowe River, Crowe Lake, and the charming town of Marmora, it is ready for your plans and designs. (id:66096)

Market Timing

Days on market

49d

Marmora and Lake (Marmora Ward) listings, avg age

115d

List price

$120K

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 49 days, which is 66 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 $119,999, about 1.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $23,440 (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)

$119,999

For sale

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Financing

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38 Marble Point Road, Marmora and Lake (Marmora Ward) - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0K)

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