LOT 4 MECHANIC STREET, Norfolk (Waterford)

$3,300,000

For sale: Vacant Land

Vacant Land at LOT 4 MECHANIC STREET, Norfolk (Waterford)
Property type
Land
MLS®
MLS® X13025120
Neighbourhood
Waterford

Shovel Ready For 44 Townhome Units. PRICE REDUCTION PRIME WATERFRONT DEVELOPMENT OPPORTUNITY IN WATERFORD, ON Now offered at a reduced price, this exceptional 6-acre residential development parcel in Waterford, Ontario, presents a rare opportunity for builders and investors. Featuring Draft Plan Approval for 44 townhomes, the site is waterfront, ready to service, and includes architectural and elevation drawings to streamline the development process. A secure Data Room is available upon signing a Non-Disclosure Agreement.

Sold data

Homes in Norfolk (Waterford) — recent sold market

Homes in Norfolk (Waterford) took a median of 44 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 85, across 122 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.

The median sale price was $598,950.

Homes sold for about 3.3% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 29% of sellers reduced their price before finding a buyer.

Median days to sell
44
Median sale price
$598,950
Sale-to-list ratio
96.7%
Sold above asking
7%

Based on 122 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near LOT 4 MECHANIC STREET