Description

Welcome to 106 Perth Street in the charming town of Elgin, nestled in the heart of Rideau Lakes. This just over 1-acre vacant lot is ready for your vision! With a driveway and municipal address already in place, this property offers a fantastic opportunity to build your dream home in a peaceful small-town setting. Enjoy the convenience of nearby amenities, all within walking distance. LCBO, grocery store, elementary school, multiple lakes, and even a bowling alley! Whether you're looking for a slower pace of life or a fresh start in a welcoming community, Elgin is ready to welcome you home! (id:66096)

Market Timing

Days on market

29d

Rideau Lakes listings, avg age

130d

List price

$75K

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 29 days, which is 101 days fresher than the city average of 130. Act while there is still low competition.

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Area context

Neighbourhood profile (K0G)

This home lists at $74,900, about 0.8× the local median household income of $94,000.

Carrying it typically needs a household income of about $14,631 (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)

$74,900

For sale

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Financing

Need a commercial mortgage?

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106 Perth Street, Rideau Lakes - Vacant Land for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0G)

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Need a commercial mortgage?