$5,250,000
Trent Hills
0 Nappan Island Road, Trent Hills, Ontario, K0L2Z0
This lot in Trent Hills is for sale offering roughly 312 sq ft of space. It has been on the market 78 days, fresher than the Trent Hills average of 97 days.
Nappan Island presents an extraordinary opportunity on Seymour Lake, part of the renowned Trent Severn Waterway. Spanning approximately 311 acres with road access, just 25 minutes from Peterborough and less than two hours from Toronto, this remarkable property offers incredible scale, waterfront and potential. A proposed 69 unit, two phase residential development envisions a collection of generous waterfront and forested lots. In 2018, the Municipality of Trent Hills approved Subdivision Application SB01/2017, providing conditions for final Draft Plan Approval, followed in 2019 by a zoning amendment to permit the creation of single detached homes and a commercial building. Significant due diligence has already been completed, including survey work, site plans, land servicing cost estimates, archaeological studies, environmental assessment and stormwater management reports, all available through the listing brokerage. Predominantly level, the property features hardwood and softwood forest, cleared areas and spectacular lake and river shoreline. Beyond development, the possibilities are exceptional. Envision an unparalleled multigenerational family retreat or private compound, fishing or hunting camp, golf course destination or another inspired recreational vision, subject to applicable approvals. Panoramic water views, pristine forest, incredible sunrises and sunsets and four season recreation create a truly remarkable setting. A charming five bedroom waterfront cottage sits at the northwest point. Believed to be the last property of its kind in the region designated for development of this nature, Nappan Island is a rare opportunity to create something extraordinary. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 97 days across the listings currently for sale in this city
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.
This vacant land in Trent Hills has been listed for 78 days, which is 19 days fresher than the city average of 97. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $5,250,000, about 66.5× the local median household income of $79,000.
Carrying it typically needs a household income of about $1,025,509 (20% down, 25-yr amortization, stress-tested) — roughly 1198% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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