$219,900
For sale: Vacant Land

*** Additional Listing Details - Click Brochure Link *** Two building lots for sale beside 1372 John Street Road. Several options to build on each of these lots: A single family home, a duplex, a triplex, and the City has confirmed that a fourplex can be built with a minor variance approval. These large vacant lots are in a prime location, only a 1 minute drive to Highway 11/17 and 2 minutes to Woodcrest School. This is a sought-after neighbourhood near Woodcrest, Cherry Ridge, and Sherwood Estates in Port Arthur. Over 50 feet lot frontage and 115 feet lot depth
Sold data
Vacant Land homes in Thunder Bay took a median of 26 days to sell over the last 730 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 77, across 39 recorded sales.
The median sale price was $149,900.
Homes sold for about 5.8% below asking on average, so there was room to negotiate.
About 26% of sales closed above the list price.
Around 8% of sellers reduced their price before finding a buyer.
Based on 39 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.
Schools
Thunder Bay has 35 Fraser Institute–rated schools (29 elementary and 6 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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