19 STURGEON BAY ROAD, Severn (Coldwater)

$374,999

For sale: Vacant Land

Vacant Land at 19 STURGEON BAY ROAD, Severn (Coldwater)
Property type
Land
MLS®
MLS® S13752346
Neighbourhood
Coldwater

Top 5 Reasons You Will Love This Property: 1) Exceptionally located at the main gateway to the fast growing and vibrant Coldwater community, with prime exposure just off two major highways, positioning this site for strong future development and long-term growth potential 2) Current zoning allows for a broad range of commercial and mixed-use uses, offering flexibility for retail, office, or combined concepts in a high-traffic, business-friendly setting with multiple income-generating possibilities 3) A potential zoning change to residential may be explored, subject to township approvals, creating additional opportunities for both near-term and strategic long-range development and enhanced value creation 4) With site plan nearly approved, the property is ready for swift development of a 9,000 square foot commercial complex, or can be held as a smart land-bank investment in a rapidly expanding area 5) Immediate possession is available, allowing you to proceed with development right away or secure the land now and capitalize on future appreciation as the market continues to evolve making this a compelling investment opportunity.

Sold data

Homes in Coldwater — recent sold market

Homes in Coldwater took a median of 52 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 77, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 104 days.

The median sale price was $657,450.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
52
Median sale price
$657,450
Sale-to-list ratio
96.9%
Sold above asking
5%

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.

Currently for sale

Homes for sale near 19 STURGEON BAY ROAD