Description

3.00 Acre surveyed building lot ready for your new home in Rideau Lakes Twp on a quiet municipally maintained road with 650 feet of frontage. This lot is handy to hydro, telephone and fibre internet at the road. With easy access to Highway 15, the location is ideal for a short commute to Kingston and other local towns. Enjoy year around recreation with the many local lakes, snowmobiling and hiking trails, ice fishing, cross country skiing, local pickle ball courts, curling and bowling as well as shopping and dining in the nearby towns. Only 5 minutes away, Elgin offers many amenities including a grocery store, drug store, LCBO, cafe, restaurant, elementary and high schools, library, post office and more. (id:66096)

Market Timing

Days on market

47d

Rideau Lakes listings, avg age

129d

List price

$149K

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 47 days, which is 82 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 $149,000, about 1.6× the local median household income of $94,000.

Carrying it typically needs a household income of about $29,105 (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)

$149,000

For sale

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Financing

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Lot 5 BUSH Road, Rideau Lakes - Vacant Land for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (K0G)

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