N 1/2 OF S 1/2 LT 2 CON 2 BURRISS; LAVALLEE, Rainy River - Vacant Land for Sale
N 1/2 OF S 1/2 LT 2 CON 2 BURRISS; LAVALLEE, Rainy River, Ontario, P0W1E0
0 baths1315 × 2631 ft (79.42 acres) lotListed 47 days ago
Overview
$40,000
Rainy River
N 1/2 OF S 1/2 LT 2 CON 2 BURRISS; LAVALLEE, Rainy River, Ontario, P0W1E0
$40,000
Rainy River
This lot in Rainy River is for sale. It has been on the market 47 days, fresher than the Rainy River average of 93 days.
This 80 acre Rainy River District property offers exceptional value for buyers seeking substantial acreage with strong long term potential. Its size, seclusion, and natural character make it a compelling opportunity for investors or outdoor enthusiasts looking to secure a large rural holding. The quiet landscape typical of Northwestern Ontario, offering an excellent setting for outdoor activities, hunting, or long term investment. (id:66096)
Long Listed: 47 days on market, against an average age of 93 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 75 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 93.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This vacant land in Rainy River has been listed for 47 days, which is 46 days fresher than the city average of 93. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $40,000, about 0.5× the local median household income of $76,500.
Carrying it typically needs a household income of about $7,813 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0W)
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