52 KRAFT Drive, Waterloo - Vacant Land for Sale

52 KRAFT Drive, Waterloo, Ontario, N2J4G8

8.80 acres lotListed 127 days ago

Overview

This lot in Waterloo is for sale.

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Description

Exceptional building lot! Opportunity knocks at this beautiful site for your luxury custom residence. This 8.8 acre parcel of land is ideal for your lifetime homestead. Located on the outskirts of Waterloo in the Township of Woolwich. 400 feet road frontage. Hydro services along the road. Natural Gas line runs along Bloomingdale and further along Kraft Drive. Enbridge will require an application to determine feasibility and cost to serve this property with gas. A person with vision will appreciate this rare find! (id:66096)

Property Details

MLS®: 40844160
Property Type: Vacant Land
Zoning: Agricultural
Lot Size: 8.80 acres
Frontage: 397 ft
Price per Acre: $272,727 per acre
Basement: None
Ownership: Freehold
Property Tax: $3,168/yr
Listed: 127 days ago

Features

Lot Features: Cul-de-sac, Country residential

Services

Water: None
Sewer: No sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

127d

Waterloo listings, avg age

67d

List price

$2.40M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 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 98.7 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 Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX SOLID GOLD REALTY (II) LTD. · JIM MCINTYRE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2J)

This home lists at $2,400,000, about 32.2× the local median household income of $74,500.

Carrying it typically needs a household income of about $468,804 (20% down, 25-yr amortization, stress-tested) — roughly 529% above the area median.

Median household income: $74,500
Population: 20,899
Median age: 36.8
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2J)

$2,400,000

For sale

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Financing

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