Overview

This lot in Rainy River Remote Area is for sale. It has been on the market 15 days, fresher than the Rainy River Remote Area average of 113 days.

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Description

Over 160 Acres in Unorganized Territory - A Hunter's and Outdoor Enthusiast's Paradise! Located in Kingsford Township, north of Emo, this expansive property offers endless opportunities for outdoor enthusiasts! Logged approximately 30 years ago, the land features a mixture of highland, natural regrowth and ponds, creating a beautiful setting for wildlife and recreation. With existing ATV trails throughout the property, there's plenty of opportunity to explore and enjoy the great outdoors. Whether you enjoy hunting, ATV riding, or simply escaping to the peace and quiet of nature, this property has plenty to offer. With year-round right-of-way access, over 160 acres to explore, and plenty of privacy, this is an excellent opportunity to own your own recreational retreat. A great piece of Northwestern Ontario wilderness to call your own! (id:66096)

Market Timing

Days on market

15d

Rainy River Remote Area listings, avg age

113d

List price

$89K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 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 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This vacant land in Rainy River Remote Area has been listed for 15 days, which is 98 days fresher than the city average of 113. Act while there is still low competition.

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Area context

Neighbourhood profile (P0W)

This home lists at $89,000, about 1.2× the local median household income of $76,500.

Carrying it typically needs a household income of about $17,385 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $76,500
Population: 6,454
Median age: 42.8
Owner / renter: 85% / 15%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P0W)

$89,000

For sale

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Financing

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7601 PCL LT 9 CON 5 KINGSFORD, Rainy River Remote Area - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (P0W)

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