$68,000
For sale: Vacant Land

Access to this property is via boat or float plane.Located on Lac Gerard (formerly Watersnake Lake), Fauquier. 1/2 hour from Kapuskasing, 1 hour from Cochrane and 1 1/2 hours from Timmins. SURFACE RIGHTS come with this property. MINERAL RIGHTS come with this property. TREE RIGHTS come with this property. The property features a total size of 2.94 acres. (from Geowarehouse).The frontage of the property is about 1,270 feet.The rear of the property is 1,091 feet wide.A good portion of the property averages from about 160 feet deep to about 193 feet deep.That is plenty of room to build your cabin and install a septic field if you wanted.There is a 66 foot shoreline reservation between the front of the property and Girard Lake.The calculation of size does NOT include the shoreline reservation.A review of the contour maps shows that the property is quite level throughout and NO INDICATION of any wet areas.It is forested with a mix of POPLAR trees and SPRUCE trees.
Sold data
Homes in Kapuskasing took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 44, across 33 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 27 days.
The median sale price was $265,000.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 33 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
Kapuskasing has 8 Fraser Institute–rated schools (5 elementary and 3 secondary), averaging 4.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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