Description

Attention builders and investors! A unique opportunity to build in an established St. Marys neighbourhood. This newly severed vacant residential building lot, created from 178 Thomas Street, fronts on Park Lane and offers approximately 18.0 m of frontage. The severed parcel is approximately 317.6 m following the required road widening and is zoned Residential Zone Two (R2-11B) with site-specific provisions. A great opportunity for a builder, investor or buyer looking to create a new home close to downtown St. Marys and its shops, restaurants and amenities. Buyers interested in alternative residential configurations should investigate permitted uses and required approvals with the Town of St. Marys. Please speak with your REALTOR for further information and available documentation. (id:66096)

Market Timing

Days on market

85d

St. Marys listings, avg age

100d

List price

$175K

Haho

This vacant land in St. Marys has been listed for 85 days, which is 15 days fresher than the city average of 100. Act while there is still low competition.

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Area context

Neighbourhood profile (N4X)

This home lists at $174,999, about 2.0× the local median household income of $89,000.

Carrying it typically needs a household income of about $34,183 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $89,000
Population: 9,946
Median age: 47.6
Owner / renter: 80% / 20%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N4X)

$174,999

For sale

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Financing

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10 Park Lane, St. Marys - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N4X)

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Need a commercial mortgage?