Description

Almost ten acres of quiet countryside, tucked along a paved county road in rural Melancthon.With approximately 326 feet of frontage and more than 1,300 feet of depth, this 9.78-acre parcel offers a lovely balance of open meadow and mixed woodland, creating a sense of space, privacy and possibility. Hydro is available at the road, and the property is currently enrolled in the Conservation Land Tax Incentive Program. Zoned Agricultural, with an exception permitting consideration of a single-family dwelling, subject to NVCA approval. A peaceful country setting with easy access to Shelburne, Collingwood and Dundalk. (id:66096)

Market Timing

Days on market

43d

Melancthon listings, avg age

93d

List price

$299K

Homes here sell slower than most markets

Sold homes in this market spent an average of 80 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 90.2 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 Melancthon has been listed for 43 days, which is 50 days fresher than the city average of 93. Act while there is still low competition.

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Area context

Neighbourhood profile (N0C)

This home lists at $299,000, about 3.5× the local median household income of $85,000.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $85,000
Population: 17,537
Median age: 43.6
Owner / renter: 86% / 14%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA N0C)

$299,000

For sale

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Financing

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Lot 31 9 County Road, Melancthon - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N0C)

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