Description

1 ACRE NEAR TOBERMORY - Enjoy the benefits of being minutes to town, yet set on a private 1-acre parcel of land. This treed parcel provides opportunity to enjoy the Tobermory lifestyle. Whether you wish to scuba dive the shipwrecks along the coastline, hike the cliffs on the Bruce Trail, or cool down in the shores of both Lake Huron or Georgian Bay - this property offers a central location with year-round amenities. Sited minutes to downtown, the property offers a level lot with a driveway started (culvert installed). Hydro is available at the roadside. The property measures 150ft. X 300ft. With Highway exposure, you may even consider a home-based business! (id:66096)

Market Timing

Days on market

82d

Northern Bruce Peninsula listings, avg age

137d

List price

$109K

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 82 days, which is 55 days fresher than the city average of 137. Act while there is still low competition.

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Area context

Neighbourhood profile (N0H)

This home lists at $109,000, about 1.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $21,292 (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)

$109,000

For sale

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Financing

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Highway 6, Northern Bruce Peninsula - Vacant Land for Sale

Description

Property Details

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (N0H)

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