87-93 PATRICK DRIVE, Quinte West (Frankford Ward)

$480,000

For sale: Vacant Land

Vacant Land at 87-93 PATRICK DRIVE, Quinte West (Frankford Ward)
Property type
Vacant Land
MLS®
MLS® X13863244
Neighbourhood
Frankford Ward

Explore The Potential Of Block 3, A Fully Serviced Residential Development Parcel In The Quiet Community Of Frankford, Quinte West, Ready For Building Permit Applications. Offering Approximately 0.42 Acres, The Property Is Zoned Residential Type 3 Exception 23 (R3-23), Permitting Townhouse Dwellings.A Preliminary Development Concept And Artist's Rendering Illustrate The Potential For Four Townhomes On The Block. Set In An Established Neighbourhood Near The Trent River, With Local Amenities And Outdoor Recreation, This Is An Opportunity To Bring New Homes To A Growing Community.Two Additional Blocks Are Also Available, Offering The Flexibility To Acquire The Parcels Individually Or Together For A Combined Approximately 1.3 Acres And A Preliminary Concept For Twelve Townhomes. The Site Also Presents An Opportunity To Explore Rental Housing Development, With Potential Municipal Incentives To Support Eligible Projects.

Sold data

Homes in Frankford Ward — recent sold market

Homes in Frankford Ward took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 74, across 56 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 76 days.

The median sale price was $594,450.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$594,450
Sale-to-list ratio
97.9%
Sold above asking
16%

Based on 56 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

Homes for sale near 87-93 PATRICK DRIVE