Description

MAJOR HIGHWAY Location!!! 3.51 Acres of Land Located just off Major Hwy with Highly Visible Exposure!!! APPROVED Site Plan for Gas Station, C-Store, Drive Thru, Truck Filling plus Additional Development. OPEN Options!!! NO FUEL CONTRACTS!!! Any MAJOR Gas Supplier LOI and Approval assistance available. (id:66096)

Market Timing

Days on market

64d

Severn listings, avg age

89d

List price

$1.50M

Homes here sell below asking price

Homes in this market sold for an average of 94.5 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 Severn has been listed for 64 days, which is 25 days fresher than the city average of 89. Act while there is still low competition.

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Area context

Neighbourhood profile (L0K)

This home lists at $1,500,000, about 17.0× the local median household income of $88,000.

Carrying it typically needs a household income of about $293,003 (20% down, 25-yr amortization, stress-tested) — roughly 233% above the area median.

Median household income: $88,000
Population: 38,386
Median age: 50.8
Owner / renter: 90% / 11%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0K)

$1,500,000

For sale

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Financing

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2895 Mayhew Road, Severn - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (L0K)

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Need a commercial mortgage?