A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, forest/trees view for 401 RIDGE Rd, Oro-Medonte Ontario L0L 2E0
71 days on Market

401 RIDGE Rd, Oro-Medonte, Ontario L0L 2E0

Other
-
2
~2950 sqft
$1,300,000
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Other
-
2
~2950 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$440/sqft

Est. Mortgage$5,583/mo

Tax Amount (2024)$7,098/yr

Days On Market71 days


Description

A unique and intriguing opportunity! This rare find on 5.5 acres in Oro with Partial commercial zoning has endless business possibilities. Build your dream home and/or business. Possible Business opportunities include: Club and Restaurant...such as a Pickleball Club, the fastest growing sport in the world! Hotel. Clinic. Store. Bed and Breakfast. Maybe its a day nursery you dream of or a hobby farm, maple syrup business or Forest School. Current owner was a cabinet maker. No matter what your Vision is, there is Fantastic frontage on Ridge Rd for fabulous business exposure while having a private and quiet green space in behind, in close proximity to the rail trail. 2 Kitchens gives an excellent opportunity for a main floor separate in law suite. You must see this property to fully appreciate all that it has to offer.


Property Details

StyleRetail
View-
Age of property-
SqFt~2950 SqFt
Lot Size296,460 SqFt(1098 x 270)
Parking Spaces10
MLS ®NumberS11972253
Community NameOro-Medonte
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Other
Cooling: N
Basement: Y

Features

Lot size: 296,460 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Feb 13, 2025
Listed for
$1,300,000
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Listed
$•••,•••
71 days on market
history photo preview44
Listing by trreb®
Property listed by RIGHT AT HOME REALTY, Brokerage
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Market Data - Oro-Medonte

Geo Zone Map ThumbnailOro-Medonte

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

45 days

2023

31 days

2022

13 days

New Listings

Past 30 days

81 listings

Compared to

2024

88 listings

2023

107 listings

2022

70 listings

Units sold

Past 30 days

10 units

Compared to

2024

28 units

2023

40 units

2022

49 units

Median Sold Price

Past 30 days

$877,500

Compared to

2024

$1,015,000

2023

$862,500

2022

$1,265,000


Population and Demographics

Overview

Total population 25308
Average household income $149,316

Age (%)

50 to 64
25%
0 to 19
21%
65 and plus
21%
35 to 49
18%
20 to 34
15%

Household composition (%)

Single family
78%
Single person
19%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
93%
Others
5%
French
2%

House tenancy (%)

Owners
92%
Renters
8%

Schools and amenities

Estimated Budget