For Sale

850 15 Line Unit# 850, Oro-Medonte, Ontario L3V6H1

$6,000,000

850 15 Line Unit# 850, Oro-Medonte, Ontario L3V6H1 is For Sale and has a listing price of 6,000,000. The property is located in the Oro-Medonte neighbourhood. It's been on the website for 194 Days.

  • Vacant Land
    Property Type
  • MLS ID: S9004206
  • Office Name CENTURY 21 B.J. ROTH REALTY LTD.
Property Description

Discover an exceptional opportunity with 850 Line 15 North, Oro-Medonte. This expansive 99.79-acre property, boasting approximately 45 acres primed for development, presents unmatched potential for astute investors. The City of Orillia is currently evaluating the property for potential annexation into its settlement boundaries, with a decision anticipated within the next twelve months. This strategic move could lead to a favorable zoning change, likely incorporating residential and commercial uses, thereby significantly enhancing the property’s value. The proposed future sewage pump station on Old Barrie Road underscores the area’s commitment to robust infrastructure, a pivotal advantage for substantial commercial and residential projects. **** EXTRAS **** Strategically located near community hubs including Lakehead University and Costco, this property offers unparalleled accessibility to essential amenities ideal for residential, commercial or mixed-use development. (id:43137)

Property Details
  • MLS ID: S9004206
  • Price: $6,000,000
  • Transaction Types: For Sale
  • Ref ID: 27111907
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
06/27/2024 S9004206 $6,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oro-Medonte
  • $1,387,168 Average List Price
    based on 1 year
  • 50 New Listings
    based on 30 days
  • 99 Median Days on Market
    based on 1 year
  • List vs. Selling Price 167.83 % Up
  • Sold (12mo) 215
  • Rented (12mo) 19

  • 1 Month Change -4.4%
  • 3 Month Change -25.0%
  • 6 Month Change -13.1%
Walkscore
  • 4 Walk Score
    Car-Dependent
  • 14 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    77.67%
  • All Houses/Commercial
    0.08%
  • Commercial
    12.29%
  • Condo
    7.79%
  • Land for Sale
    2.16%
Additional Details
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 27/06/2024 00:00:00
  • Zoning Resdiential
  • Agent Name: KRISTEN SHAYLOR
  • Last Updated: 16/10/2024 16:32:13
Open House Dates
Want to see this property?