$699,000
For sale: Vacant Land

A rare opportunity to build near the shores of Lake Simcoe in one of Innisfil's most desirable communities. This fully serviced vacant lot is only a short walk from Innisfil Beach and is surrounded by mature residential streets, local parks and several waterfront access points including Glenwood Beach and Moosenlanka Beach. Municipal water, sanitary sewer, hydro and gas are available at the lot line, saving valuable time during the planning and construction process. The generous size and layout of the property also offer future development possibilities. Buyers may explore severing the land into two 50 x 125 ft lots and building two individual homes, subject to their own due diligence and approval from the municipality.An LSRCA-approved permit for a 3,200 sq. ft. custom home is included with the property. The approved plans feature 10-foot ceilings on the main level, 9-foot ceilings upstairs, three bedrooms, four bathrooms and radiant in-floor heating throughout the home. Buyers who prefer a different layout or a larger residence may apply to revise or expand the current design. Move forward with the approved plans, create a larger custom home or investigate the possibility of developing two separate properties. With services already available and the waterfront close by, this lot presents an excellent opportunity for a custom home buyer, builder or investor.
Sold data
Homes in Alcona took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 43, across 66 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.
The median sale price was $749,450.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 66 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Innisfil (Alcona) has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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