8480 Nottawasaga River Rd
Rural Adjala-Tosorontio, Adjala-Tosorontio, L0G 1L0
FOR SALE
$435,000
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Property Description
Discover Your Dream Waterfront Property on the Nottawasaga River| Are you in search of an idyllic retreat that combines natural beauty, tranquility, and investment potential? Look no further than this stunning waterfront property located on the serene Nottawasaga River. This hidden gem offers a unique blend of outdoor adventure, privacy, and the perfect setting for creating lasting memories| Situated on just under one acre, this property provides direct access to the Nottawasaga River. Imagine fishing for Trout in the spring and Salmon in the fall, right from your own Backyard. Surrounded by lush trees and open country, the setting offers a peaceful escape from the hustle and bustle of city life. While the current home on the lot is not inhabitable, the property is primed for development. The existing well and direct hydro connection present a solid foundation for building your dream home. A private drive on a dead-end street ensures privacy and seclusion, making it a perfect spot for a weekend getaway or a permanent residence. This property is priced to sell, offering significant value for land in such a prime location. Buyers have the opportunity to design and construct a custom home that takes full advantage of the picturesque surroundings. Whether you're looking to create a luxurious family retreat or a profitable vacation rental, the possibilities are endless. With its competitive pricing and unmatched natural beauty, this property represents a fantastic investment. Waterfront properties, especially those with direct access to fishing and other recreational activities, are highly sought after and tend to appreciate in value over time. This makes it not only a dream location but also a smart financial choice.
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Extras
The Nottawasaga River is part of South Georgian Bay area, of outdoor canoeing, kayaking, Hiking, exploring the Wetlands a significant ecological site with diverse wildlife and plant species (NVC). The Street has Fibre Optics from Vianet.
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Property Details
Street
Community
Property Type
Rural Resid, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
100' x 324'
Acreage
.50-1.99
Fronting
North
Taxes
$1,800 (2024)
Basement
None
Exterior
Alum Siding
Heat Type
Other
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
4
Driveway
Private
Garage Type
None
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Adjala-Tosorontio Market Statistics
Adjala-Tosorontio Price Trend
8480 Nottawasaga River Rd is a 2-bedroom 1-bathroom home listed for sale at $435,000, which is $717,500 (62.3%) lower than the average sold price of $1,152,500 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 2 bedroom home in Adjala-Tosorontio increased by $422,500 (57.9%) compared to the previous 30 day period (October 3 - November 1) and down $435,000 (27.4%) from the same time one year ago.Inventory Change
There were 0 2-bedroom homes listed in Adjala-Tosorontio over the last 30 days (November 2 - December 1), which is down 100.0% compared with the previous 30 day period (October 3 - November 1) and down 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Adjala-Tosorontio typically sold ($121,500) (10.5%) below asking price over the last 30 days (November 2 - December 1), which represents a $101,600 decrease compared to the previous 30 day period (October 3 - November 1) and ($62,450) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Adjala-Tosorontio over the last 30 days (November 2 - December 1) stood at ∞, up from 33.3% over the previous 30 days (October 3 - November 1) and up from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Adjala-Tosorontio stood at 130 days when successfully sold over the last 30 days (November 2 - December 1), compared to 139 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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