The following apply to rural properties. About the only sort of land where you can wait to build on it in many parts of Canada:
1-Ensure the land can be zoned to allow a residential property use.
1a-That none if it is reserved for conservation use unless that is what you desire, or is in a flood plain.
2-That it has deeded access to a public road allowance if it does not immediately front on a road.
3-That a water well is economically feasible and can likely deliver a sufficient volume of potable and palatable water. Some rocks contains sulfides that can make water taste like sulphur, which is not nice.
4-That the soil has enough 'perc' = the ability to absorb liquids from a septic bed.
5-That electric power, if you plan to use it, can be accessed economically.
6-That if you plan for a propane fueled furnace that where the storage tank is to be sited can be accessed by the delivery truck, and that the driveway is suitable - ie not too steep or too soft in the spring.
7-That there is phone and internet options locally available, if you want them, or think that you someday sell to might want them.
8- What are the taxes on it now, and what would they rise to with a house on it.
Lots else to consider. The above list is just a start.
Use a local lawyer familiar with the issues, and maybe pay a local builder for an estimate to a set of catalog plans to identify issues they will see that may not be evident to you.
You don't have to deal with them down the road, but up front the lawyer's and builder's advice and issues identification will be priceless, compared to buying land that cant be used down the road to build what you want on it.
1-Ensure the land can be zoned to allow a residential property use.
1a-That none if it is reserved for conservation use unless that is what you desire, or is in a flood plain.
2-That it has deeded access to a public road allowance if it does not immediately front on a road.
3-That a water well is economically feasible and can likely deliver a sufficient volume of potable and palatable water. Some rocks contains sulfides that can make water taste like sulphur, which is not nice.
4-That the soil has enough 'perc' = the ability to absorb liquids from a septic bed.
5-That electric power, if you plan to use it, can be accessed economically.
6-That if you plan for a propane fueled furnace that where the storage tank is to be sited can be accessed by the delivery truck, and that the driveway is suitable - ie not too steep or too soft in the spring.
7-That there is phone and internet options locally available, if you want them, or think that you someday sell to might want them.
8- What are the taxes on it now, and what would they rise to with a house on it.
Lots else to consider. The above list is just a start.
Use a local lawyer familiar with the issues, and maybe pay a local builder for an estimate to a set of catalog plans to identify issues they will see that may not be evident to you.
You don't have to deal with them down the road, but up front the lawyer's and builder's advice and issues identification will be priceless, compared to buying land that cant be used down the road to build what you want on it.
