$699,900
For sale: Vacant Land

Looking for a one of a kind property? This is it. Having approximately 2,400 ft. of water frontage on beautiful Hannah Lake, this property offers 48-52 acres of land within the City. Located off of Southview Drive on Salo Road and the by-pass. It is minutes away from Walmart, shopping, parks, hospital, Science Centre and more. Seller has the public road so that the property can be split if needed. This property is zoned rural and can accommodate a number of uses such as: a greenhouse, group home, winery, veterinarian clinic, distilling facility, bed and breakfast - the list goes on and on. (See Schedule A). Seller is willing to sell part of the property.
Sold data
Homes in Greater Sudbury took a median of 23 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 53, across 65 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.
The median sale price was $679,900.
Homes sold for about 1.8% below asking on average, so there was room to negotiate.
About 29% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 65 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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