Lot 24-25 ZORRA Private, Zorra, Ontario, N0M2G0




$239,000
Zorra
This lot in Zorra is for sale. It has been on the market 15 days, fresher than the Zorra average of 76 days.
Welcome to your slice of lakeside serenity. This stunning 6.8 acre parcel offers a rare opportunity to own a private piece of land overlooking tranquil Sunova Lake. Offering scenic views, with forested surroundings so you can enjoy complete privacy. This property benefits from long-standing private access and sits between two established residential zones. A smaller neighbouring parcel has already received approval for development, creating strong precedent in the area. Municipal water is available nearby. A septic system would be required; Township has invited a basic site layout for review, pending septic feasibility. Septic contingent on site assessment. While zoning is currently identified as Rural Residential, the Township has noted that a Record of Site Condition (RSC) may be required due to historical railway use.Buyers are strongly advised to complete their own due diligence with the Township to confirm zoning, development potential, services, and land use history. Buyer to confirm all development potential, services availability, and land use history directly with the Township and appropriate authorities.London is only 35 minutes away, and for GTA buyers looking for a peaceful retreat, it's a scenic 1 hour and 45 minute drive, just enough distance to feel like a getaway without being out of reach.*This parcel is being offered in conjunction with PT LT 25 CON 13 EAST NISSOURI PT 5 & 8, 41R6127; ZORRA. Together, the two parcels total approx. 7.47 acres. Parcels are listed separately but available as a package. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 76 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 98.4 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This vacant land in Zorra has been listed for 15 days, which is 61 days fresher than the city average of 76. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $239,000, about 2.6× the local median household income of $91,000.
Carrying it typically needs a household income of about $46,685 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N0M)
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