$120,000
For sale: Vacant Land

Bring your building plans to life on this spacious parcel in the desirable McManus Subdivision, conveniently located between Red Lake and Balmertown. Offering more space and privacy than a typical in-town lot, this property provides an excellent setting for your future home.A driveway has already been established, and just over half an acre has been cleared in preparation for construction, giving you a valuable head start. Hydro and natural gas are available at the road. Enjoy the room to build, breathe and create a property that suits your lifestyle in a well-established neighbourhood.
Sold data
Homes in Red Lake took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 86, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 $219,000.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 40 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.
Schools
Red Lake has 3 Fraser Institute–rated schools (2 elementary and 1 secondary), averaging 6.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
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