Description

This 16.54-acre (+/-) parcel on Station Road is the ultimate private retreat, which is mostly covered with mature trees, siding onto the Gord Harry Conservation Trail, between HWY 3 and Lakeshore Rd. This property is located within minutes of the lake and is zoned A1. This creates a phenomenal building opportunity for those looking for space and privacy. The majority of this parcel is NPCA regulated, with approximately 3/4 of an acre fronting onto Station Rd being buildable. Buyers are to do their own due diligence in all aspects including but not limited to: building permits, survey, septic, zoning etc. (id:66096)

Market Timing

Days on market

15d

Wainfleet (Lakeshore) listings, avg age

95d

List price

$399K

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 (Lakeshore) has been listed for 15 days, which is 80 days fresher than the city average of 95. Act while there is still low competition.

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Area context

Neighbourhood profile (L0S)

This home lists at $399,000, about 4.2× the local median household income of $95,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $95,000
Population: 60,409
Median age: 53.2
Owner / renter: 87% / 13%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA L0S)

$399,000

For sale

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Financing

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Station Road, Wainfleet (Lakeshore) - Vacant Land for Sale

Description

Property Details

Market Timing

Location

Nearby Places

Neighbourhood profile (L0S)

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