
$229,000
Est. Payment
$875/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by COLDWELL BANKER FIRST OTTAWA REALTY
Vacant Land•MLS #X11897081•New
Price comparison with similar homes in Lanark Highlands
Compared to 25 similar homes
-4.2% Lower↓
Market Avg. of (25 similar homes)
$239,032
Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison
Client Remarks
Excellent development opportunity on 8.4 acres, with highway access and two road frontages. Extensive frontage ensures exceptional visibility and accessibility if desired. Or, maintain your privacy nestled among the trees. Gently rolling and level terrain with mixed trees that currently shelter you from the road. Approx 50% of the land is cleared as was previously used for aggregate. Natural spring on the property is directed through a pipe that could allow a small pond to be sculpted into the landscaping. This land's Rural Industrial zoning, along with its frontage on busy county road, offers opportunity for commercial business, development and mixed-use purposes. Added benefit for your commercial venture is exposure to passing traffic. Township has indicated it would be agreeable to zoning changes under specified conditions, with possibility of dividing land into two residential lots. Options and proposals for additional zoning changes must be presented to and reviewed, by township. Flexibility of zoning makes the property suitable for multi-phase developments and significant land investment. Hydro available at road. Cell service and high-speed also available. Bonus is that HST is included in purchase price. 14 mins to Village of Lanark or Calabogie for essentials, restaurants and adventures. Only 10 mins to public boat launch and access to White Lake. 30 mins to Perth. 40 mins to Carleton Place or Renfrew. 50 mins to Kanata.
About This Property
8697-A Highway 511 N/A, Lanark Highlands, K0G 1K0
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8697-A Highway 511 N/A, Lanark Highlands, K0G 1K0
Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
Mortgage Information
Estimated Payment
$0 Principal and Interest
Walk Score for 8697-A Highway 511 N/A

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