Description

Build your future on Bay Road, one of Lombardy's most desirable rural locations. Set on approximately 1 acre, this level building lot offers a beautiful setting to bring your plans for a new home to life. Enjoy the peace and space of country living while remaining conveniently located just approx. 12 minutes from Smiths Falls, 17 minutes from Perth, and only moments from Rideau Ferry. With Rideau Lake, Bass Lake and Otter Lake all nearby, boating, fishing, beaches, dining and year-round recreation are within easy reach. The property offers paved road access, attractive surroundings and a location well known for its proximity to some of the area's most popular lakes and communities. A great opportunity to secure a building lot in an established and sought-after area. (id:66096)

Market Timing

Days on market

62d

Rideau Lakes listings, avg age

129d

List price

$125K

Homes here sell below asking price

Homes in this market sold for an average of 94.3 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 Rideau Lakes has been listed for 62 days, which is 67 days fresher than the city average of 129. Act while there is still low competition.

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Area context

Neighbourhood profile (K0G)

This home lists at $124,900, about 1.3× the local median household income of $94,000.

Carrying it typically needs a household income of about $24,397 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$124,900

For sale

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Financing

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102 Bay Road, Rideau Lakes - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0G)

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