Discover an exceptional opportunity to own over approximately 6.7 acres of land with residential zoning and exclusive access to the pristine waters of Lake Nipissing. Offering an incredible combination of space, privacy, existing infrastructure, and future potential, this unique property is a blank canvas for your vision, whether you dream of creating a private waterfront retreat, establishing a recreational hub, or exploring exciting business possibilities. Ideally suited for those looking to capitalize on the popularity of Lake Nipissing's island cottage communities, the property may offer potential for future commercial use or rezoning, subject to the necessary approvals. Envision the possibilities of boat storage, personal storage facilities, or other services catering to island cottage owners and recreational boaters seeking convenient access to the lake. The property features a predominantly level landscape, with approximately 2 acres already cleared, providing an excellent starting point for future development. Existing infrastructure includes a 200-ampexterior breaker panel and a 2-inch drilled well, approximately 40 feet deep. Adding to the appeal are two outbuildings: a 20' x 36' workshop complete with a 40-amp electrical panel, and a 20' x 40' boat storage building offering valuable space for watercraft, recreational equipment, tools, and more. The private waterfront is equally impressive, featuring three docks that provide convenient access to boating, fishing, and everything that makes life on Lake Nipissing so desirable. Existing cribbing also presents an exciting opportunity to explore the potential construction of an additional boathouse, subject to applicable approvals, creating further possibilities for personal use or future income generation. (id:66096)
Property Details
MLS®
X14138264
Property Type
Vacant Land
Zoning
RU
Bathrooms
0
Parking
16
Lot Size
831 × 121 ft (2.31 acres)
Frontage
831 ft
Basement
None
Cooling
None
Garage
Detached Garage, Garage
Waterfront
Yes
Property Tax
$494.58/yr
Listed
4 days ago
Features
Lot Features
Wooded area, Irregular lot size, Waterway, Flat site
Services
Water
Drilled Well
Utilities
Electricity, Wireless
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
4d
Nipissing listings, avg age
111d
List price
$320K
Just listed: 4 days on market, against an average age of 111 days across the listings currently for sale in this city
Market timing · days on market0 → 111d avg age of current listings
Just listed · day 4
Homes here sell slower than most markets
Sold homes in this market spent an average of 72 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 93.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
Haho
This vacant land in Nipissing has been listed for 4 days, which is 107 days fresher than the city average of 111. Act while there is still low competition.
Listed by RE/MAX CROWN REALTY (1989) INC · TUCKER ROY
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (P0H)
This home lists at $319,900, about 4.0× the local median household income of $80,000.
Carrying it typically needs a household income of about $62,488 (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)
$319,900
For sale
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Financing
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