24 days on Market

125 Ridge Rd, Aurora, Ontario L4G 0M3

Land
-
1
~2.39 sqft
$2,695,000
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Land
-
1
~2.39 sqft

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Highlights

Property Estimate

Days on market24 days

Estimated valueNot available

Price/Sqft$1,127,615/sqft

Monthly cost

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CMA Subject Property

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+72

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

A potential development opportunity for investors seeking land in the prestigious Aurora Estates. It has an area of approximately 2.4 acres, a tenanted detached ten-year-old house with 3 bedrooms, and 3 + 1 bathrooms. Modern Kitchen, hardwood flooring throughout main and 2nd floor with crown moulding and pot lights on the main floor. Finished basement with above-grade windows. The approximate area of the house with the finished basement is 2300 sq ft. Detached 2 cars garage building with a workshop/storage area on its second floor accessed from a side door. A10 total parking spaces. The Town of Aurora is open to the concept of developing the property on a private sewage system according to the official plan (attached) additionally, the property is not regulated by Lake Simcoe Conservation Authority, however, the Buyer and their agent must do their due diligence in this regard and verify measurements.


Property Details

StyleDesignated
View-
Age of property6-15
SqFt~2.39 SqFt
Lot Size89,556 SqFt(254.17 x 352.35)
Parking Spaces10
MLS ®NumberN12317465
Community NameNeighborhood of Aurora
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Basement: Y

Features

Lot size: 89,556 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Market Data - Neighborhood of Aurora

Geo Zone Map ThumbnailNeighborhood of Aurora

Strong Buyer's Market

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Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

23 days

2023

15 days

2022

22 days

New Listings

Past 30 days

185 listings

Compared to

2024

180 listings

2023

127 listings

2022

125 listings

Units sold

Past 30 days

45 units

Compared to

2024

72 units

2023

70 units

2022

64 units

Median Sold Price

Past 30 days

$1,119,000

Compared to

2024

$1,166,000

2023

$1,197,500

2022

$1,164,000


Population and Demographics

Overview

Total population 61136
Average household income $175,345

Age (%)

0 to 19
24%
20 to 34
17%
35 to 49
21%
50 to 64
23%
65 and plus
15%

Household composition (%)

Single family
78%
Single person
19%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
66%
Mandarin
9%
Iranian Persian
6%
Yue (Cantonese)
5%
Others
3%
Russian
3%
Italian
2%
Spanish
1%

House tenancy (%)

Owners
81%
Renters
19%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget