461A HIGHWAY 511 HIGHWAY, Tay Valley

$1,099,000

For sale: Vacant Land

Vacant Land at 461A HIGHWAY 511 HIGHWAY, Tay Valley
Property type
Vacant Land
MLS®
MLS® X13466450
Neighbourhood
906 - Bathurst/Burgess & Sherbrooke (Bathurst) Twp

Just two minutes from Perth, 74 acres prime development land. Zoned Rural, this land is directly across the road form a recent housing development on a similar piece of property. The 74 acres currently has open fields and young forests, ideal for a new residential development. The land has three road frontages, one is the major corridor Highway 511 and the other are side roads. Hydro available along all three road. Preliminary discussions with the Town of Perth's planning department shows positive inclination towards subdivision development, contingent on further studies. Location is equal distance between Ottawa and Kingston. And, being minutes from Perth offers the perfect balance between small-town charm and urban convenience. Perth has essential amenities including employment opportunities, recreation, attractions, central hospital, excellent restaurants and spectacular parks - ideal for young families and retirees.

Sold data

Homes in Bathurst Burgess Sherbrooke Bathurst Twp — recent sold market

Homes in Bathurst Burgess Sherbrooke Bathurst Twp took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 63, across 48 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.

The median sale price was $565,950.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$565,950
Sale-to-list ratio
97.1%
Sold above asking
10%

Based on 48 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 461A HIGHWAY 511 HIGHWAY