$155,000
$170,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 07/02/2024
Key Details
Sold Price $155,000
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X7220684
Sold Date 07/02/24
Annual Tax Amount $500
Tax Year 2023
Lot Size 0.500 Acres
Property Sub-Type Vacant Land
Property Description
Large residential lot ready to build your custom home with plenty of room for shop, landscaping and gardens. Quiet country setting on lightly used paved municipal road, surrounded by nature on the edge of Formosa Ontario.
This south facing rectangular lot receives plenty of sunlight and slopes down from front to back to accommodate a walk-out basement design. There are no building restrictions on the lot and behind is environmentally protected forest.
Municipal wastewater service is already paid for. Hydro, natural gas and fibre optic internet available at the road. Well will need to be drilled – excellent water and much lower than typical drilling costs to be expected due to the location and ground conditions.
It is expected that no imported fill will be required to build, preliminary grading plan is available.
Two lots identically sized are available. Property taxes not yet assessed.
Location
Province ON
County Bruce
Area Bruce
Zoning R1
Rooms
Kitchen 0
Exterior
Lot Frontage 124.0
Lot Depth 265.0
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