-- SOUTH BEECH STREET, South Glengarry

$1,399,000

For sale: Vacant Land

Vacant Land at -- SOUTH BEECH STREET, South Glengarry
Property type
Land
MLS®
MLS® X13665350
Neighbourhood
722 - Lancaster

Situated immediately off Highway 401 on Highway 34, this highly visible approx. 2.88-acre lot sits in the heart of Lancaster's commercial area. This prime site has been rezoned to General Commercial to allow for retail, drive-thrus, medical clinics, multi-tenant plazas, offices or mixed-use projects. Complete with municipal water and sewer available, seamless access to Hwy 401, the site is exceptionally well-suited to capture interprovincial commuter, local, and regional traffic between Montreal and Cornwall. This property presents a rare opportunity for investors or developers to establish a high-exposure business or pursue a high-yield development in a thriving, well-connected community.

Sold data

Homes in Lancaster — recent sold market

Homes in Lancaster took a median of 24 days to sell over the last 730 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 57, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 31 days.

The median sale price was $414,950.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$414,950
Sale-to-list ratio
97.4%
Sold above asking
16%

Based on 32 recorded sales in the last 2 years — 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 -- SOUTH BEECH STREET