$3,524,000
North Kawartha
65 Northeys Bay Road, North Kawartha, Ontario, K0L3E0
This lot in North Kawartha is for sale. It has been on the market 37 days, fresher than the North Kawartha average of 137 days.
Prime Development Opportunity: 58-Lot Draft Plan Approved Subdivision Near Stony Lake Executive Summary. Presenting a premium, high-yield development opportunity in the heart of the Kawarthas. This expansive property features Draft Plan Approval for a 58-lot subdivision, 1 large commercial lot with existing well and septic system, situated on a former golf course on Northey's Bay Road. Offering a perfect blend of natural beauty, estate-scale living, and strategic highway access, this project is positioned to become a premier residential community. Property Draft Plan Approved for 58 distinct lots, streamlining the pre-development timeline. Premium Estate Lots: 58 residential lots averaging approximately one acre each, meeting the high demand for spacious, private country estates. Strategic Commercial Component: Includes one lot designated for commercial use, creating a perfect opportunity for a local convenience hub, caf, or neighborhood amenity. Scenic Golf Course Landscape: Built on a former golf course, the property offers rolling topography, mature trees, and established park-like vistas that require minimal additional clearing. Situated on Northey's Bay Road with easy access to Highway 28, making it highly accessible for commuters and weekend travellers. Minutes away from prestigious Stony Lake, providing future residents with elite access to the region's premier boating, fishing, and recreational lifestyle. This property offers a clean slate for a master-planned community structure. The purchaser will be responsible for installing internal subdivision roads and extending electrical infrastructure to the lot lines. Complete due diligence packages-including the approved draft plan maps, zoning documents, and engineering studies-are available. Due to the new zoning and MPAC assessment, property taxes will be reassessed by the Township within the next three months. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 37 days on market, against an average age of 137 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 93.4 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This vacant land in North Kawartha has been listed for 37 days, which is 100 days fresher than the city average of 137. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $3,524,000, about 44.6× the local median household income of $79,000.
Carrying it typically needs a household income of about $688,361 (20% down, 25-yr amortization, stress-tested) — roughly 771% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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