$179,000

For sale

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4887 Hwy 6 Highway, Northern Bruce Peninsula - Vacant Land for Sale

4887 Hwy 6 Highway, Northern Bruce Peninsula, Ontario, N0H1Z0

0 baths1254 × 600 ft (17.27 acres) lotListed 364 days ago

Overview

This lot in Northern Bruce Peninsula is for sale.

Land for Sale in Northern Bruce Peninsula →All real estate in Northern Bruce Peninsula →

Description

REDUCED to $179,000!!! ... 16.8+ ACRE LOT opportunity with FRONTAGE ON TWO ROADS! This lot is ready for your BUILD ... TWO GRAVEL DRIVEWAYS installed and ample BUILDING AREA CLEARED. 1254ft of direct frontage (with driveway) on HWY 6, and 834ft of frontage on laneway road at backside of property for privacy. Property has gravel driveways on both the front and back side roads, offering many possibilities for BUILDING SITE location or possible SEVERANCE to CREATE MULTIPLE ESTATE SIZED LOTS! Property has an older drilled well for water supply. HYDRO available at edge of front & back side of property! Great exposure directly on HWY 6 = endless opportunities! Great location ... 5min drive to Lake Huron public access in Pine Tree Harbour, 10mins to National Parks (Grotto) and 15mins to Tobermory for shopping & tourist fun! (id:66096)

Property Details

MLS®: X12520098
Property Type: Vacant Land
Zoning: RU1
Bathrooms: 0
Lot Size: 1254 × 600 ft (17.27 acres)
Frontage: 1,254 ft
Property Tax: $533.02/yr
Listed: 364 days ago

Features

Lot Features: Irregular lot size

Services

Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

364d

Northern Bruce Peninsula listings, avg age

137d

List price

$179K

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

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Listed by Royal LePage RCR Realty · CHRIS AMYOT

Area context

Neighbourhood profile (N0H)

This home lists at $179,000, about 2.1× the local median household income of $86,000.

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: $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)

$179,000

For sale

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