0 ST LAWRENCE STREET E, Centre Hastings

$1,499,000

For sale: Vacant Land

Vacant Land at 0 ST LAWRENCE STREET E, Centre Hastings
Property type
Vacant Land
MLS®
MLS® X13245702
Neighbourhood
Centre Hastings

Approved and shovel-ready development opportunity for 24 detached bungalows located in the heart of Madoc Township, approximately 25 minutes north of Belleville. All conditions of draft plan approval have been cleared, and the project is currently in the process of executing the Subdivision Agreement with the Township. The development consists of 24 lots, with average lot frontages ranging from 51' to 60'. Nine lots are already partially serviced, allowing construction to commence sooner. Architectural designs and full servicing drawings have been completed and are included in the sale, providing a turnkey opportunity for builders or developers. This is an excellent opportunity for investors or builders seeking a ready-to-proceed residential development in a growing market.

Sold data

Homes in Centre Hastings — recent sold market

Homes in Centre Hastings took a median of 38 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 72, across 84 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.

The median sale price was $499,950.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$499,950
Sale-to-list ratio
97.0%
Sold above asking
8%

Based on 84 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 0 ST LAWRENCE STREET E