Description

LOCATION, LOCATION, LOCATION!! Great Development potential! Lot size .62Ac. Located on one of the busiest corners of Woodstock accessing two main arteries Mill St and Parkinson Rd and the only South Woodstock road that runs entirely East and West through the city. Approximately 270ft of exposure on Parkinson Rd and driveways to both Parkinson Rd and Mill St. Only a 2 min drive from Highway 401 and 5 min drive from Highway 403. Across from Bower Hill Rd (Karn Rd) and less than a min to Woodstocks newest development of over 1000 new homes. What a Great place for your entrepreneurial ideas! Bungalow 73ftx 30ft and Shop 80ftx 25ft currently on land- measurments are approximate. (id:66096)

Property Details

MLS®: X10744794
Property Type: Vacant Land
Business Type: Residential
Zoning: R1
Lot Size: 27,007 sq ft (0.62 ac)
Frontage: 81 ft
Price per Acre: $6,129,078 per acre
Heating: Not known
Cooling: Unknown
Property Tax: $5,209.78/yr
Listed: 732 days ago

Market Timing

Days on market

732d

Woodstock (Woodstock - South) listings, avg age

75d

List price

$3.80M

Homes here sell close to asking price

Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (N4S)

This home lists at $3,800,000, about 48.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $742,273 (20% down, 25-yr amortization, stress-tested) — roughly 852% above the area median.

Median household income: $78,000
Population: 33,055
Median age: 42.8
Owner / renter: 66% / 34%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N4S)

$3,800,000

For sale

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301 MILL Street, Woodstock (Woodstock - South) - Vacant Land for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N4S)

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