Overview

This lot in Pelham is for sale. It has been on the market 35 days, fresher than the Pelham average of 77 days.

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Description

Attention builders, investors, and developers! An excellent development opportunity at 690 Quaker Road in Fonthill. This vacant building lot is fully serviced and ready for the construction of 3 townhouse units, offering a streamlined path toward development.Additional architectural drawings are available for a proposed semi-detached development, including Additional Dwelling Unit (ADU) configurations providing for up to 8 total residential units.With servicing already in place and multiple development concepts available, much of the preliminary work has been completed. An ideal opportunity for builders looking to move forward with the 3-townhouse project or explore the semi-detached/ADU configuration. (id:66096)

Property Details

MLS®: X13844616
Property Type: Vacant Land
Zoning: R1
Bathrooms: 0
Lot Size: 74 × 132 ft (9,768 sq ft)
Frontage: 74 ft
Property Tax: $1,825/yr
Listed: 35 days ago

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Pelham (Fonthill) listings, avg age

77d

List price

$449K

Haho

This vacant land in Pelham (Fonthill) has been listed for 35 days, which is 42 days fresher than the city average of 77. Act while there is still low competition.

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Listed by Vintage Real Estate Co. LTD · Matthew Scarfone

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3C)

This home lists at $449,000, about 5.7× the local median household income of $78,500.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.

Median household income: $78,500
Population: 33,462
Median age: 45.6
Owner / renter: 73% / 27%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L3C)

$449,000

For sale

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Financing

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690 Quaker Road, Pelham (Fonthill) - Vacant Land for Sale