This lot in Nipigon is for sale.

Description

This 160-acre parcel is located in the organized township of Nipigon. The property enjoys a frontage on Maata's Road, which is a municipally maintained road with Hydro. Measuring approximately 2,640 by 2,640 feet, the property features gently rolling terrain that adds natural character and appeal. There are two creeks on the property; located on the Southwest corner and the Northwest corner. The larger of the two is located on the NW corner; This creek empties into the Stillwater Creek which in turn empties into the Nipigon River. Most of the year you can fish for speckle trout in this creek and when the salmon run, they come up the creek to spawn. The mature trees that cover this property are mostly Spruce Trees and some Poplar Trees. The property comes with SURFACE RIGHTS AND TREE RIGHTS. (id:66096)

Property Details

MLS®: X12926164
Property Type: Vacant Land
Zoning: Rural
Bathrooms: 0
Lot Size: 2640 × 2640 ft (160.00 acres)
Frontage: 2,640 ft
Property Tax: $1,300/yr
Listed: 223 days ago

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

223d

Nipigon listings, avg age

127d

List price

$290K

Homes here sell below asking price

Homes in this market sold for an average of 91.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

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Listed by HOMELIFE OPTIMUM REALTY · SEAN PAYNE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0T)

This home lists at $290,000, about 3.8× the local median household income of $77,000.

Carrying it typically needs a household income of about $56,647 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 32,000
Median age: 45.6
Owner / renter: 84% / 16%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0T)

$290,000

For sale

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Maata's Road, Nipigon - Vacant Land for Sale