This lot in Port Colborne is for sale.

Description

4.6 acres total of residential development land in Port Colborne with city services on Chippawa Road, and options for development. Potential to develop where house currently sits, leading to 4.2 acres of residential development land. House could be rented in the interim, while preparing plans to develop or holding. Great opportunity for investors/developers in the charming lake town of Port Colborne, just 5 minutes from the future Asahi Kasei battery plant. (id:66096)

Property Details

MLS®: X13176610
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 219 × 737 ft (3.70 acres)
Frontage: 219 ft
Garage: No Garage
Property Tax: $1,884/yr
Listed: 162 days ago

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

162d

Port Colborne (Bethel) listings, avg age

117d

List price

$1.35M

Haho

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Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE · Eric Panetta

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3K)

This home lists at $1,350,000, about 19.3× the local median household income of $70,000.

Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 277% above the area median.

Median household income: $70,000
Population: 19,458
Median age: 50.8
Owner / renter: 73% / 27%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L3K)

$1,350,000

For sale

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Financing

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N/A Hubbard Drive, Port Colborne (Bethel) - Vacant Land for Sale