Overview

This lot in Thunder Bay is for sale. It has been on the market 1 day, fresher than the Thunder Bay average of 71 days.

Land for Sale in Thunder Bay →All real estate in Thunder Bay →

Description

Vacant land in a very sought after area. 2.84 Acres of treed lot. This area has excellent long turn potential. Great investment for a investor, or buyer looking to the future for a place to build a home when the time is right. This property is on an unmaintained road and is believed to me unbuildable at this time. But the opportunity to own land in this area is rare and is a unique time for the right person with their eyes on the future. (id:66096)

Market Timing

Days on market

Thunder Bay (McIntyre South) listings, avg age

71d

List price

$90K

Homes here sell faster than most markets

Sold homes in this market spent an average of 24 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 107.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This vacant land in Thunder Bay (McIntyre South) has been listed for 1 day, which is 70 days fresher than the city average of 71. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (P7G)

This home lists at $89,900, about 0.8× the local median household income of $117,000.

Carrying it typically needs a household income of about $17,561 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $117,000
Population: 13,238
Median age: 44.8
Owner / renter: 94% / 6%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA P7G)

$89,900

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 →

256 Cambridge Street, Thunder Bay (McIntyre South) - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (P7G)

Book a showing

Need a commercial mortgage?