505 BENNETT ROAD, North Grenville
$1,199,900
For sale: Vacant Land
- Property type
- Vacant Land
- MLS®
- MLS® X13753308
- Neighbourhood
- 802 - North Grenville Twp (Kemptville East)
Investment opportunity for future sand and aggregate supply. This 50-acre property includes over 40 acres zoned for Mineral Aggregate and past test holes suggest high quality concrete grade sand. Whether purchasing as an investment or for immediate use, the property price has recently reduced price and creates an attractive buy. The separately owned land on the east side is already a permitted mineral Aggregate extraction pit, lending to an obvious president for a pit permit approval on this land too. On the west side is also mineral aggregate land expected to also be a future pit. Ministry letters on file confirm no wetlands zoning remain on the land. Note there is an unused Bell easement near the roadside end of the property that is not expected to be utilized and poles and lines already run adjacent to Bennett Rd. Currently the seller leases the land to a local farmer for seasonal crops. This is renewed annually. There is an existing culvert and access to the land, presently used by the leaseholder. Sand and gravel continue to be in demand throughout Eastern Ontario. Being zoned Mineral Aggregate provides a positive start for a successful future.
Sold data
Homes in North Grenville — recent sold market
Homes in North Grenville took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 60, across 77 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $599,900.
Homes sold for about 1.7% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
- Median days to sell
- 31
- Median sale price
- $599,900
- Sale-to-list ratio
- 98.3%
- Sold above asking
- 9%
Based on 77 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.
Currently for sale
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