Prime 60-Acre Development Opportunity - Rural Residential & Commercial Potential Discover an exceptional 60-acre parcel offering a rare combination of natural beauty, strategic location, and future development potential. Currently zoned Rural, this property presents an exciting opportunity for a variety of uses, including a private rural residential estate, hobby farm, residential development, or potential commercial applications, subject to municipal approvals and any required zoning amendments. Ideally located with easy access on and off Highway 11, the property is conveniently situated near an impressive range of amenities, including the casino, hotels, brand-new arena, parks, recreational trails, golf courses, restaurants, and established businesses and services. The property features mature timber and provides an attractive setting for those seeking privacy, space, and a connection to nature. At the same time, its strategic location along an active corridor and proximity to existing development make it an appealing opportunity for investors and developers looking toward the future. Whether you're envisioning a rural residential retreat, future residential development, or exploring commercial opportunities, this versatile parcel offers the acreage, location, and potential to bring your vision to life. A rare 60-acre opportunity combining rural appeal with exciting long-term development potential. Buyers are encouraged to conduct their own due diligence regarding permitted uses, zoning, servicing, access, and future development opportunities. (id:66096)
Property Details
MLS®
X13758680
Property Type
Vacant Land
Business Type
Residential
Zoning
RR
Lot Size
61 acres
Frontage
2,444 ft
Price per Acre
$40,756 per acre
Cooling
None
Property Tax
$135.78/yr
Listed
56 days ago
Features
Lot Features
Irregular lot size
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
56d
North Bay (Ferris) listings, avg age
55d
List price
$2.50M
Long Listed: 56 days on market, against an average age of 55 days across the listings currently for sale in this city
Market timing · days on market0 → 55d avg age of current listings
Long Listed · day 56
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This vacant land in North Bay (Ferris) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by RE/MAX CROWN REALTY (1989) INC · SHAWN ROY
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (P1B)
This home lists at $2,499,999, about 37.9× the local median household income of $66,000.
Carrying it typically needs a household income of about $488,337 (20% down, 25-yr amortization, stress-tested) — roughly 640% above the area median.
Median household income
$66,000
Population
33,113
Median age
44.4
Owner / renter
57% / 43%
Avg. household size
2.1
Source: Statistics Canada, 2021 Census (FSA P1B)
$2,499,999
For sale
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Financing
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