$998,000
For sale: Detached

Build Your Dream Estate Across From Lake Ontario! Discover 24.92 acres of privacy, open space and breathtaking lake views, just steps from the shore-an exceptional setting for a custom home, outdoor entertaining and spectacular sunsets. Zoned RU-2 for residential, agricultural and limited commercial uses, with permitted uses under the Rural zoning provisions including a single detached dwelling; a duplex dwelling; a converted dwelling containing up to two dwelling units; agricultural or farm use; a bed-and-breakfast establishment; a cemetery; a commercial dog kennel; a commercial greenhouse; a conservation area with recreational activities, nature study and wildlife preservation; a day nursery; a farm produce outlet; a feed mill; forestry and reforestation; a garden nursery sales and supply establishment; a grain cleaning plant; a grain drying and storage facility; a group home; a home industry; a home occupation; a livestock sales barn; a portable asphalt plant; a riding or boarding stable; a veterinary clinic; and a wayside pit or quarry, subject to site-specific RU-2 provisions and applicable approvals. Ideally situated on a year-round municipal road and school bus route, close to Colborne and minutes from the Big Apple, this remarkable property offers exciting possibilities for homeowners, entrepreneurs and investors alike.
Sold data
Homes in Rural Cramahe took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.
The median sale price was $829,000.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 36 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.
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