Overview

This lot in South Bruce Peninsula is for sale. It has been on the market 86 days, fresher than the South Bruce Peninsula average of 103 days.

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Description

Discover the opportunity to build your dream home on this recently created building lot in the peaceful hamlet of Purple Valley. Offering just under one acre, the property features approximately 120 feet of frontage and 330 feet of depth, with a mix of mature trees, pioneered field stone, natural rock formations, natural privacy from the paved year-round road, and open areas that could be perfect for a garden or outdoor space. Hydro and telephone services are available along the road, making this an ideal setting for a future year round residence. Enjoy the surrounding natural beauty with the Bruce trail nearby, while the amenities of Wiarton are less than a 10-minute drive away, including shopping, the marina, beach, park, and more. Situated on a paved, year-round municipally maintained road, this property offers a great combination of privacy, convenience, and access to outdoor recreation. (id:66096)

Market Timing

Days on market

86d

South Bruce Peninsula listings, avg age

103d

List price

$135K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.4 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 South Bruce Peninsula has been listed for 86 days, which is 17 days fresher than the city average of 103. Act while there is still low competition.

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Area context

Neighbourhood profile (N0H)

This home lists at $135,000, about 1.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $26,370 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $86,000
Population: 53,674
Median age: 52.8
Owner / renter: 86% / 14%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N0H)

$135,000

For sale

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Financing

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PT LT 25 Purple Valley Road, South Bruce Peninsula - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N0H)

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