$175,000
For sale: Vacant Land

Golden Opportunity for an experienced developer. 837 Hodder Avenue with approved Land severance and minor variances for 2 large 6-plexes is ready to turn your vision into reality . Important notes: - Land severance and minor variances have been approved for 2 large 6-plexes - Features shared driveway easement down the centre for efficient use of land and reduced capital - Final survey has been obtained but new parcels have not been registered on title yet - Maximum height has been increased to 11.0 meters to allow for 3 storeys above grade with gable-style roof (this is a big deal) -> higher return, required accessible units can be constructed at grade - COTB Engineering Sewer and Water Main Details to demonstrate ample capacity. The Buyer can do their own research in all aspects outlined in Schedule A, and also the eligibility of Housing Accelerate Funding through City Realty Services and/or City Planning Department. Information package is available through your Realtor.
Sold data
Homes in Current River took a median of 13 days to sell over the last 365 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 18, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 16 days.
The median sale price was $349,900.
Homes sold for about 11.0% above asking on average.
About 80% of sales closed above the list price.
Around 2% of sellers reduced their price before finding a buyer.
Based on 46 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.
Schools
Thunder Bay (Current River) 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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