Description

Some properties offer a place to build. This one offers a place to belong. Offering approximately 120 feet of waterfront frontage and just under an acre of gently sloping land, this exceptional waterfront building lot is the perfect setting to create a cottage that's uniquely yours. Whether it's mornings with coffee overlooking the water, afternoons spent swimming, boating or fishing, or evenings gathered around the fire listening to the loons, this is where lifelong family memories begin. The property includes a shore road allowance along the waterfront that is currently owned by the Township. Access to the lake has been enjoyed through grandfathered use for more than 40 years, and purchasers interested in owning the shore road allowance may explore purchasing it directly from the Township. Tucked away on one of Seguin Township's hidden gems, Salmon Lake is known for its crystal-clear water, excellent bass and pike fishing, peaceful surroundings, and endless opportunities to boat, paddle, swim and explore. With year-round municipal road access, you're just 20 minutes from Parry Sound, 15 minutes from Highway 400, and an easy drive from the GTA, making weekend escapes and extended summer stays effortless. Opportunities like this are becoming increasingly rare. Secure your place on Salmon Lake and start planning the cottage your family will enjoy for generations to come. (id:66096)

Features

Lot Features: Wooded area, Irregular lot size, Sloping, Rolling

Services

Utilities: Electricity, Cable, Telephone, Wireless, Electricity Available

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

100d

Seguin listings, avg age

108d

List price

$299K

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 Seguin has been listed for 100 days, which is 8 days fresher than the city average of 108. Act while there is still low competition.

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Area context

Neighbourhood profile (P2A)

This home lists at $299,000, about 4.1× the local median household income of $73,500.

Carrying it typically needs a household income of about $58,405 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $73,500
Population: 14,695
Median age: 54
Owner / renter: 76% / 24%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P2A)

$299,000

For sale

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Financing

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Salmon Lake Road, Seguin - Vacant Land for Sale