$450,000
For sale: Vacant Land

Calling all developers! What an opportunity in the South End with this R3-1 waterfront parcel on Lake Nepahwin. This is the perfect location to build that small condo project or high-end executive rentals on the water and right in the heart of the action. Or maybe it's the right spot to build that waterfront dream home. As a package deal, this lot comes with the private island right out front that could continue to be used as a residence, possibly used a common element for condo owners, rent it out as an amazing AirBnb or sell it off as it's already on a separate title so no severance required. The possibilities are endless with this package deal, so let's see if we can make your vision happen on it.
Sold data
Homes in Greater Sudbury took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 49, across 68 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.
The median sale price was $672,450.
Homes sold for about 1.2% below asking on average, so there was room to negotiate.
About 35% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 68 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.
Schools
Greater Sudbury has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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