$275,000

For sale

118 Tamarac Road, Northern Bruce Peninsula - Vacant Land for Sale

118 Tamarac Road, Northern Bruce Peninsula, Ontario, N0H1W0

0 baths105 × 397 ft (41,725 sq ft) lotListed 40 days ago

Overview

This lot in Northern Bruce Peninsula is for sale. It has been on the market 40 days, fresher than the Northern Bruce Peninsula average of 137 days.

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Description

Some opportunities don't come around twice. This is one of them. A vacant lot on the waterfront road in Stokes Bay, with a 1/7th ownership stake in approximately 342 feet of developed Lake Huron shoreline, held and maintained by a condo corporation. That means your name on the water, zero maintenance headaches, and a piece of Lake Huron that's genuinely protected for the long term. The lot comes with a builder contract through CRC General Contracting, so the hard part is already figured out. The builder is ready and has done this before, they've got plans, options, and ideas ready to go when you are. Stokes Bay sits on the quieter, less developed stretch of the Lake Huron shoreline, the kind of place people find on purpose and never stop coming back to. No carnival atmosphere. Just the lake, the sunsets, and the kind of stillness that's getting harder to find. Build your forever retreat. Build an investment that holds its value. Build exactly what you want, where it matters most.The water is waiting. (id:66096)

Property Details

MLS®: X13832524
Property Type: Vacant Land
Zoning: RU2 EH
Bathrooms: 0
Lot Size: 105 × 397 ft (41,725 sq ft)
Frontage: 104 ft
Waterfront: Yes
Listed: 40 days ago

Services

Utilities: Electricity, Cable, Wireless, Electricity Available

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

40d

Northern Bruce Peninsula listings, avg age

137d

List price

$275K

Homes here sell slower than most markets

Sold homes in this market spent an average of 77 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 92.8 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 Northern Bruce Peninsula has been listed for 40 days, which is 97 days fresher than the city average of 137. Act while there is still low competition.

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Listed by Real Broker Ontario Ltd. · AUSTIN KACHMARSKI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $275,000, about 3.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $53,717 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 53,674
Median age: 52.8
Owner / renter: 86% / 14%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N0H)

$275,000

For sale

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Financing

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