$699,000
Mulmur
958465 7 Line East, Mulmur, Ontario, L9V0M9
This lot in Mulmur is for sale. It has been on the market 62 days, fresher than the Mulmur average of 100 days.
An exceptional opportunity to build on this picturesque 10-acre parcel in the highly desirable hills of Mulmur, offering a beautiful blend of open land, mature trees and an established old apple orchard. Much of the preliminary work has already been completed, providing an excellent head start for a custom country residence. An existing entrance and approximately 1,200-foot driveway rises to an elevated building site showcasing impressive 360-degree views of the surrounding countryside, open fields and Niagara Escarpment, with beautiful sunrise and sunset views. Architectural and engineering drawings were stamped and approved in June for a custom home featuring approximately 1,909 sq. ft. on the main level, a 597 sq. ft. loft with two bedrooms and a bathroom, and a 1,909 sq. ft. walkout lower level. Plans also include a 675 sq. ft.two-car garage with full loft and a 1,392 sq. ft. heated shop with mezzanine and 336 sq. ft. carport. The house site has been excavated to the lower-level elevation, with excavation for the front frost wall remaining. Approved septic system drawings are also available. Ideally situated in desirable Mulmur, close to the Bruce Trail, Devil's Glen Country Club, Mad River Golf Club and the charming Village of Creemore, with Collingwood and Blue Mountain within easy reach for shopping, dining, skiing, golf and four-season recreation. A rare opportunity to take advantage of significant planning and site preparation already completed. Buyer will be required to resubmit house plans to the Township for applicable approvals and permits. Buyer is responsible for all applicable development charges. HST is in addition to the purchase price. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 62 days on market, against an average age of 100 days across the listings currently for sale in this city
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 92.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This vacant land in Mulmur has been listed for 62 days, which is 38 days fresher than the city average of 100. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 6.7× the local median household income of $105,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 30% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9V)
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