Description

They don't make land anymore! Offering 80 High St., one of the last remaining open lots in downtown Almonte. Adjacent to the main parking lot off High Street, this 93' x 65' lot is currently used as private parking, with a conservative capacity of approximately 15 parking spaces. Zoned C3, the property allows for a variety of commercial uses and offers an excellent opportunity in the heart of downtown Almonte. Current parking fees cover the property taxes, insurance and snow removal, while still providing a reasonable return with very little effort. Develop it, hold onto it, or simply assure yourself of a parking spot whenever you're downtown. (id:66096)

Market Timing

Days on market

33d

Mississippi Mills listings, avg age

104d

Price / ft²

$66

List price

$299K

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 33 days, which is 71 days fresher than the city average of 104. Act while there is still low competition.

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Area context

Neighbourhood profile (K0A)

This home lists at $299,000, about 2.6× the local median household income of $115,000.

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: $115,000
Population: 111,626
Median age: 44
Owner / renter: 87% / 13%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA K0A)

$299,000· $66/ft²

For sale

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Financing

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80 High Street, Mississippi Mills - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (K0A)

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Need a commercial mortgage?