2686 NARROWS LOCKS ROAD, Tay Valley

$129,900

For sale: Vacant Land

Vacant Land at 2686 NARROWS LOCKS ROAD, Tay Valley
Property type
Vacant Land
MLS®
MLS® X14105026
Neighbourhood
904 - Bathurst/Burgess & Sherbrooke (North Burgess) Twp

Approx. 0.47-acre lot in Tay Valley with a drilled well, 200 amp hydro and a two-storey, approx. 24 x 36 ft building, backing onto Black Creek on a paved, year-round county road about 15 minutes from Perth. The 270 ft drilled well (2011) has a yard hydrant and a certificate of well compliance. The 200 amp hydro service (2018) has ESA certificates for the 2018 and 2020 electrical work. The frame building has a metal roof and is wired for a stove, fridge and kiln, with open rafters upstairs. Use it as a studio, workshop or creative retreat, or picture what it could become, subject to approvals: a two-bedroom country home with countryside all around and Perth's shops and restaurants close by. Tay Valley Township has indicated in writing that, based on current information, the building may be converted to a residential dwelling through a Change of Use Building Permit. A septic layout has been prepared by Arnott Bros. Septic approval, permits and any conversion are the buyer's responsibility. The Narrows Locks boat launch, with access to Big Rideau and Upper Rideau Lakes, is less than 10 minutes away. A piece of local history: the property is believed to be the site of the area's cheese factory in the 1940s. Privy on site. Sold as is.

Sold data

Homes in Tay Valley — recent sold market

Homes in Tay Valley took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 68, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $599,000.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 19% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$599,000
Sale-to-list ratio
97.0%
Sold above asking
19%

Based on 37 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

Homes for sale near 2686 NARROWS LOCKS ROAD