31 Days on Market

5900 Main St, Clarington, Ontario L0B 1M0

$14,888,000
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Detached
5
4
~3000-3500 sqft

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Highlights

Estimated Value$1,333,000*

Price/Sqft$4,608/sqft

Days On Market31 days

Est. Mortgage$63,938/mth

Tax Amount (2024)$7,021/yr

*Last updated on: 24/04/25

Description

Welcome to a rare opportunity in the heart of Orono, where prime developmental land awaits your vision. Nestled minutes away from Highways 115 and 407, this expansive parcel spans over 29 acres of potential. Boasting a strategic location and desirable features, this property presents a rare chance for developers and investors to make their mark. At the heart of this offering lies approximately 12 acres within the urban boundary, 8 Acres Currently Zoned R-1 fronting on Main St and can be serviced by municipal water installed in 2018. The sandy soil composition of the land is ideal for septic systems, ensuring ease of development. The flat lay of the land provides a versatile foundation for realizing your vision. Attached is a draft for the potential severance of 11 acres, further expanding the canvas for your development ambitions. Don't miss out on this rare chance to secure a piece of Orono's future.


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size117,248 SqFt(409.1 x 286.6)
Parking Spaces8
MLS ®NumberE8178306
Community NameOrono
Board NameTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Main Floor

Kitchen

7.68 x 6.30


Features

Lot size: 117,248 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 6

Total parking spaces 8


Property History

Now
Listed for$14,888,000
31 days on market
history photo preview8
May 18, 2004
Sold for$•••,•••Listed for$599,000
48 days on market
history photo preview9
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Property listed by RE/MAX IMPACT REALTY, Brokerage

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Market DataFor the past 30 days in Orono

Median Selling Price

$700,000

47.20% less than GTA:

$1,325,500

Median Bidding

Underbidding - Trending to buyer market

-$25,000

GTA median: -$4,469

Median Number of Sales

5 sales

2753 sales less than GTA:

2758 sales

Median Number of Days on Market

24 days

15 days more than GTA:

9 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget

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