141 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 market141 days

Estimated valueNot available

Price/Sqft$1,127,615/sqft

Monthly cost

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CMA Subject Property

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+83

Properties sold*

$1.4M

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 Ac(254.17 x 352.35)
Parking Spaces10
MLS ®NumberN11992310
Community NameNeighborhood of Aurora
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Lot size: 89,556 Ac

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Feb 28, 2025
ListedActive
$2,695,000
141 days on market
history photo preview19
Listing by trreb®

Market Data - Neighborhood of Aurora

Geo Zone Map ThumbnailNeighborhood of Aurora

Strong Buyer's Market

View Market Data

Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

20 days

2023

12 days

2022

17 days

New Listings

Past 30 days

191 listings

Compared to

2024

192 listings

2023

146 listings

2022

160 listings

Units sold

Past 30 days

53 units

Compared to

2024

83 units

2023

87 units

2022

72 units

Median Sold Price

Past 30 days

$1,136,000

Compared to

2024

$1,355,000

2023

$1,305,000

2022

$1,250,500


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