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$79,900
Red Rock
W 1/2 Lt 5 Cantley Drive HWY 11-17, Red Rock, Ontario, P0T2P0
Positioned at a highly visible and strategic location on the corner of the newly twinned Trans-Canada Highway and the community of Red Rock, this 12.5-acre parcel offers outstanding potential just east of Thunder Bay and moments from the shores of Lake Superior. With access off Cantley Drive and backing directly onto Highway 11/17, the property benefits from exceptional exposure and access, making it ideal for future development and with over 12 acres loads of privacy. Located along the emerging Ring of Fire gateway this site is well-positioned for growth and investment in Northwestern Ontario?s expanding resource and transportation network. A rare opportunity to secure a sizeable acreage in a high-traffic, high-visibility location with tremendous long-term potential. Visit www.century21superior.com for more info & pics. (id:66096)
Long Listed: 260 days on market, against an average age of 102 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 72 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 91.9 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This vacant land in Red Rock is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $79,900, about 1.0× the local median household income of $77,000.
Carrying it typically needs a household income of about $15,607 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0T)
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