Overview

This lot in Terrace Bay is for sale offering roughly 900 sq ft of space. It has been on the market 42 days, fresher than the Terrace Bay average of 250 days.

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Description

**PROPERTY OPPORTUNITY!** Property features a **non-liveable dwelling that has sustained fire damage and has no roof**. The dwelling is open to the elements with **no water and no operational heat source**. **NO ADMITTANCE TO THE DWELLING.** Conveniently located close to schools and a park. Property includes everything left on the property. (id:66096)

Market Timing

Days on market

42d

Terrace Bay listings, avg age

250d

Price / ft²

$17

List price

$15K

Homes here sell slower than most markets

Sold homes in this market spent an average of 90 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 90.3 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 Terrace Bay has been listed for 42 days, which is 208 days fresher than the city average of 250. Act while there is still low competition.

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Area context

Neighbourhood profile (P0T)

This home lists at $14,900, about 0.2× the local median household income of $77,000.

Carrying it typically needs a household income of about $2,910 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,000
Population: 32,000
Median age: 45.6
Owner / renter: 84% / 16%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0T)

$14,900· $17/ft²

For sale

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Financing

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36 Hudson Drive North, Terrace Bay - Vacant Land for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (P0T)

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