Description

An opportunity to own approximately 10 acres of vacant land in rural Wainfleet! Situated along an unopened road allowance with the property's nearest lot line approximately 690 metres from Creek Road (Regional Road 45). The property can be reached on foot or by ATV and offers an excellent opportunity for hunting and outdoor enthusiasts, landholders and investors. Whether you're looking for recreational land, an addition to a neighbouring property or a long-term investment, this parcel offers plenty of possibilities. Purchasers to complete their own due diligence regarding legal access, permitted uses and future development potential. (id:66096)

Market Timing

Days on market

Wainfleet (Marshville/Winger) listings, avg age

91d

List price

$60K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 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 93.6 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 Wainfleet (Marshville/Winger) has been listed for 9 days, which is 82 days fresher than the city average of 91. Act while there is still low competition.

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Area context

Neighbourhood profile (L3C)

This home lists at $59,900, about 0.8× the local median household income of $78,500.

Carrying it typically needs a household income of about $11,701 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $78,500
Population: 33,462
Median age: 45.6
Owner / renter: 73% / 27%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L3C)

$59,900

For sale

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Financing

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PT LT 44 CON 7 Road, Wainfleet (Marshville/Winger) - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (L3C)

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Need a commercial mortgage?