Overview

This lot in South Stormont is for sale. It has been on the market 59 days, fresher than the South Stormont average of 91 days.

Land for Sale in South Stormont →All real estate in South Stormont →

Description

EXCEPTIONAL DEVELOPMENT OPPORTUNITY IN ST. ANDREWS! Discover the possibilities with this spacious parcel of land ideally located just outside the City of Cornwall in the desirable St. Andrews West area.A draft plan for a proposed 4-lot subdivision is available, offering an exciting opportunity for builders, developers, or investors looking to capitalize on the demand for new homes in a desirable rural-residential setting.There is also the potential to own almost 5 acres to build your dream home. Enjoy the best of both worlds - the peace and space of the country while remaining conveniently close to Cornwall and all of its amenities, including shopping, schools, restaurants, recreation, and major transportation routes.Whether you're looking to develop, invest, or explore the potential of creating multiple building lots, this property offers an excellent opportunity in a growing and highly sought-after area.Buyer to complete their own due diligence regarding the proposed subdivision, approvals, servicing, zoning, and permitted uses. (id:66096)

Market Timing

Days on market

59d

South Stormont listings, avg age

91d

List price

$329K

Homes here sell slower than most markets

Sold homes in this market spent an average of 60 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This vacant land in South Stormont has been listed for 59 days, which is 32 days fresher than the city average of 91. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (K0C)

This home lists at $329,000, about 3.9× the local median household income of $84,000.

Carrying it typically needs a household income of about $64,265 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $84,000
Population: 52,838
Median age: 48.4
Owner / renter: 82% / 18%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0C)

$329,000

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

Planning to build?

Before you offer on a development site, know what you can build. PreBuildIQ delivers zoning verdicts and required study scopes for any Ontario address in 60 seconds.

Check your site with PreBuildIQ →

0 County rd 18 Road, South Stormont - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (K0C)

Book a showing

Need a commercial mortgage?