This lot in Norwich is for sale.

Description

DEVELOPER VTB OPTIONS AVAILABLE! Spring Meadow Estates is located on the East side of the expanding, but quaint town of Otterville. This lot is nearly 3/4 of an acre, providing ample opportunity to make this lot become your dream oasis, including a triple car garage and a detached garage for your toys! You can bring your own builder, or we can refer you to reputable builders! Are you looking to build your dream home on a quiet street, in a sophisticated neighborhood? Don't hesitate to reach out for more information! Lots also available overlooking an open field. This lot backs onto and over looks open fields, and a home next door available to reside in for those needing to live nearby while building your dream home! Fiber Optics, Natural Gas, Hydro, Town Water are all available on the lot. (id:66096)

Property Details

MLS®: X13446446
Property Type: Vacant Land
Zoning: R1
Bathrooms: 0
Lot Size: 125 × 243 ft (30,355 sq ft)
Frontage: 125 ft
Property Tax: $1,000/yr
Listed: 142 days ago

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

142d

Norwich (Otterville) listings, avg age

70d

List price

$375K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in Norwich (Otterville) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX a-b Realty Ltd Brokerage · Marius Kerkhoff

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0J)

This home lists at $375,000, about 3.9× the local median household income of $97,000.

Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $97,000
Population: 33,457
Median age: 38.4
Owner / renter: 85% / 15%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N0J)

$375,000

For sale

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Financing

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29 Meadowlands Drive, Norwich (Otterville) - Vacant Land for Sale