Description

Perfectly positioned between Port Carling and Glen Orchard, this level, well-treed lot offers the ideal opportunity to bring your vision to life. With 2.425 acres and Rural Residential (RUR) zoning, the possibilities are wide open from building your dream country home or getaway to exploring small-scale development or investment potential. The properties excellent highway exposure provides convenient access while maintaining a sense of privacy surrounded by nature. Just minutes to the lakes, shops, and amenities of Port Carling, this location blends a rural feel with everyday convenience. Whether you're looking to build, invest, or simply hold for the future this lot is a smart move in the heart of Muskoka. (id:66096)

Market Timing

Days on market

140d

Muskoka Lakes (Medora) listings, avg age

93d

List price

$299K

Homes here sell below asking price

Homes in this market sold for an average of 93.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0B)

This home lists at $299,000, about 3.3× the local median household income of $90,000.

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: $90,000
Population: 9,589
Median age: 53.2
Owner / renter: 91% / 9%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0B)

$299,000

For sale

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Financing

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3864 Highway 118 West, Muskoka Lakes (Medora) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Neighbourhood profile (P0B)

Book a showing

Need a commercial mortgage?