Description

Close to half an acre of land, perfect for building your own large custom home or a small development of 4-5 residential units. In the heart of a fully developed residential zone. Close to many amenities, schools, plazas, restaurants, and parks near the lake. All the services are up to the property boundary. Perfect for a first-time developer or a tasteful home buyer wishing to build their dream home with a pool and ample lawn and parking space. (id:66096)

Property Details

MLS®: X13797546
Property Type: Vacant Land
Business Type: Residential
Zoning: RM-235, EP
Lot Size: 18,600 sq ft (0.42 ac)
Frontage: 152 ft
Price per Acre: $1,637,013 per acre
Cooling: None
Property Tax: $1,385/yr
Listed: 48 days ago

Market Timing

Days on market

48d

Meaford listings, avg age

97d

List price

$699K

Homes here sell slower than most markets

Sold homes in this market spent an average of 65 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 Meaford has been listed for 48 days, which is 49 days fresher than the city average of 97. Act while there is still low competition.

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Area context

Neighbourhood profile (N4L)

This home lists at $699,000, about 9.4× the local median household income of $74,500.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 83% above the area median.

Median household income: $74,500
Population: 8,337
Median age: 54.4
Owner / renter: 78% / 22%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4L)

$699,000

For sale

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Financing

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N4L1A9 Place, Meaford - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N4L)

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