$499,900
For sale: Vacant Land

0.904-acre urban residential vacant land site zoned R4-S1 in the heart of Bobcaygeon. This well-located parcel offers excellent development potential for multiple-family residential uses, including apartments, condominiums, fourplexes, and other low-rise residential forms, subject to municipal approvals.With municipal water and sanitary sewer services available, the property is well positioned for a boutique infill development. Based on the approximate lot area of 3,639.62 sq. m. and a density allowance of one dwelling unit per 225 sq. m., the site may accommodate approximately 14-16 dwelling units, subject to final design, zoning review, and approvals.Located in one of Kawartha Lakes' most desirable communities, the site benefits from proximity to downtown Bobcaygeon, local shops, restaurants, amenities, Pigeon Lake, and the Trent-Severn Waterway. A strong opportunity for builders and developers looking to deliver quality housing in a growing waterfront community.
Sold data
Vacant Land homes in Kawartha Lakes (Bobcaygeon) took a median of 59 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 133, across 43 recorded sales.
The median sale price was $224,000.
Homes sold for about 10.0% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 43 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.
Currently for sale

$499,000
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Detached23 BASSWOOD DRIVE, Somerville, Kawartha Lakes

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Detached15 BROOK ROAD, Somerville, Kawartha Lakes

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