$4,800,000
For sale: Vacant Land

This development-ready opportunity comprises of 16 lots, to be sold as a package for 32 to-be-built semi-detached units, each priced at $150,000 in the third phase of Aylmer's Cottonwood Neighbourhood. They are located near Highway 3, with direct linkages to St. Thomas and Tillsonburg. Storm, water and sanitary services, along with natural gas and hydro are available. Low development charges at $23,510.00 per unit. The Seller notes that it pays its taxes on individual lots. A builder package, containing site plan, servicing, grading and design plans are available, upon request.
Sold data
Homes in Aylmer took a median of 57 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 73, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $525,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Aylmer has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 4.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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