Description

DEVELOPMENT OPPORTUNITY . +/- 4.1-acre parcel of Fully Serviced land on the Ottawa River. Potential for 116-unit residential development. Minutes walk to Downtown Pembroke, the Pembroke Marina, Algonquin College, Restaurants, and more. Environmental study and conceptual development plans already completed. Rare Ottawa River views and Access. Adjacent to the Algonquin Trail. Zoned for residential development . One of the last remaining vacant lots on the Ottawa River. (id:66096)

Property Details

MLS®: X13098374
Property Type: Vacant Land
Zoning: R4-ff-h
Interior Size: 4 ft²
Lot Size: 4.10 acres
Frontage: 501 ft
Price per Acre: $243,243 per acre
Property Tax: $1,737/yr
Listed: 181 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

181d

Pembroke listings, avg age

122d

Price / ft²

$249,750

List price

$999K

Homes here sell close to asking price

Homes in this market sold for an average of 97.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Listed by VALLEY PROPERTY SHOP LIMITED · Matt Bimm

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K8A)

This home lists at $999,000, about 13.3× the local median household income of $75,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 160% above the area median.

Median household income: $75,000
Population: 26,392
Median age: 45.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K8A)

$999,000· $249,750/ft²

For sale

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Financing

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00 Maple Avenue, Pembroke - Vacant Land for Sale