Overview

This lot in Marmora and Lake is for sale offering roughly 350 sq ft of space. It has been on the market 51 days, fresher than the Marmora and Lake average of 115 days.

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Description

This exceptional 5.05 acre property is ideal for creating your dream lifestyle - whether that means building your forever home within the large building envelope, designing a private retreat, holding as a long term investment, or simply enjoying a tranquil getaway surrounded by nature. And in the meantime, cozy up in the small cabin on the property, and enjoy the beauty that surrounds. Towering majestic trees and natural beauty invite you, offering peace, privacy, and a true escape from city life-yet only 2 hours from Toronto. Located close to Crowe Lake and the charming Village of Marmora, come and see what this beautiful area has to offer. A rare chance to invest in space, serenity, and potential! (id:66096)

Market Timing

Days on market

51d

Marmora and Lake (Marmora Ward) listings, avg age

115d

Price / ft²

$386

List price

$135K

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 51 days, which is 64 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 $135,000, about 1.6× the local median household income of $83,000.

Carrying it typically needs a household income of about $26,370 (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)

$135,000· $386/ft²

For sale

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Financing

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93 McCleary 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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