$449,900
For sale: Vacant Land

LOCATION, LOCATION, LOCATION! This fabulous 2.9-acre treed ravine lot is situated on the Niagara Escarpment. Build your dream home on Effingham Street, just a short walk from Short Hills and Henry of Pelham Estate Winery. The lot has a frontage on both Effingham Street and Louth Townline Road, but the building envelope is on Effingham Street, see in attached pictures. It is located directly south of 2910 Effingham St. and directly east of 160 Louth Townline Road. Please park on Louth Townline Road, near the "For Sale" sign, and walk into the lot. The current owners have drawings for a 3000 square-foot bungalow. Buyers are encouraged to conduct their own due diligence regarding building regulations and requirements.
Sold data
Homes in Pelham (North Pelham) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 60, across 63 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $839,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 63 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

$449,999
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