$179,000

For sale

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326 South River Road, Nipissing - Vacant Land for Sale

326 South River Road, Nipissing, Ontario, P0H1W0

0 baths333 × 434 ft (3.31 acres) lotListed 182 days ago

Overview

This lot in Nipissing is for sale.

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Description

Beautiful waterfront lot on Beatty Creek which gives small craft (14ft aluminium boat) access to Lake Nipissing via the South River, at one end of the river (about 15 min by boat) is a picturesque waterfalls with great fishing, and heading the other way on the river leads into Lake Nipissing, also about 15 min by boat.Lots of Maple trees, Birch, and raspberries on the property, along with wild leeks and ferns towards the creek. The terrain has flat buildable land along the road area and slopes towards the rear half of the property down to the creek. The ground is a mix of sand and rocks, very workable land to dig etc.The property is fronted on South River Rd, a year round road with approximately 332ft of frontage. The property depth is approximately 434ft, and the rear property line abutts the Beatty Creek with approximately 305ft. Copy of Survey will be made available to buyer. Zoning is RU allowing many possibilities. Annual Property taxes $463.00. Property has a rock/gravel driveway without culvert. There is a 6" drilled well, and a completed septic system suitable for a 3bdrm house build. There is an exisitng below grade 30ft x 38ft foundation, however it is not usable due to weather exposure but can be filled in and/or use pier foundation if desired. Hydro is available a few hundred meters away up the road, distance TBD. No VTB. *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: X13088142
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 333 × 434 ft (3.31 acres)
Frontage: 332 ft
Waterfront: Yes
Property Tax: $463/yr
Listed: 182 days ago

Services

Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

182d

Nipissing listings, avg age

111d

List price

$179K

Homes here sell slower than most markets

Sold homes in this market spent an average of 70 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 93.8 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 ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0H)

This home lists at $179,000, about 2.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $34,965 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 31,909
Median age: 50.8
Owner / renter: 87% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P0H)

$179,000

For sale

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