$299,900

$399,900For salePrice drop↓ $100,000 (25%)

7307 County Road 29, Mississippi Mills - Vacant Land for Sale

7307 County Road 29, Mississippi Mills, Ontario, K7C3S2

11,560 ft²11,560 sq ft (0.26 ac) lotListed 71 days ago

Overview

This lot in Mississippi Mills is for sale offering roughly 11,560 sq ft of space. It has been on the market 71 days, fresher than the Mississippi Mills average of 104 days.

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Description

Exceptional opportunity in Carleton Place with this 0.265 Acre, C5 zoned commercial lot with high visibility. Quick access to Highway 7, great mix of current use and future potential. Perfect for service based businesses, retail, or office. There are multiple uses that are permitted under the current zoning so the options are plentiful. Currently, there is a lease in place with a great food truck(The Girls Grub Hub). While you are going through the planning stages of your project for the property, you have some monthly income coming through. Want some more income and more time for planning, then add more food trucks or vendors at your leisure to make it more of a destination spot for weekend special events or every day of the week even! The vendor has the capability of providing excellent options for structures that can suit a variety of needs. There are many such examples of similar properties in many small towns in and around the greater Ottawa area. Farmers markets, variety of food trucks of different items/specialties to assist make everyone more successful. Schedule B to accompany all offers. (id:66096)

Property Details

MLS®: X13711958
Property Type: Vacant Land
Zoning: C5
Interior Size: 11,560 ft²
Lot Size: 11,560 sq ft (0.26 ac)
Frontage: 100 ft
Price per Acre: $1,130,073 per acre
Property Tax: $1,986/yr
Listed: 71 days ago

Services

Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

71d

Mississippi Mills listings, avg age

104d

Price / ft²

$26

List price

$300K

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This vacant land in Mississippi Mills has been listed for 71 days, which is 33 days fresher than the city average of 104. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY GROUP · Andrew Miller

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7C)

This home lists at $299,900, about 3.0× the local median household income of $99,000.

Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $99,000
Population: 20,382
Median age: 44
Owner / renter: 79% / 21%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K7C)

$299,900· $26/ft²

For sale

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Financing

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