PTLT 20 CON 12, East Garafraxa

$2,500,000

For sale: Vacant Land

Vacant Land at PTLT 20 CON 12, East Garafraxa
Property type
Land
MLS®
MLS® X12423410
Neighbourhood
Rural East Garafraxa

Are you planning for the future? Look no further than this 10 acre parcel of land with two road frontages and located at the corner of County Road 109 and County Road 5 in East Garafraxa. The land is level and open and currently zoned for Residential. The property is across the road from existing commercial operations, including Home Hardware, Arthurs Fuel and card lock depot, Central Ontario FS grain handling facility, as well as agricultural operations. The location is just west of the traffic lights at the intersection of County Road 109 and Highway 25. See aerial photos attached to the listing

Sold data

Homes in East Garafraxa — recent sold market

Homes in East Garafraxa took a median of 38 days to sell over the last 730 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 84, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.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 $1,422,000.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$1,422,000
Sale-to-list ratio
96.4%
Sold above asking
7%

Based on 44 recorded sales in the last 2 years — 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 PTLT 20 CON 12