For Sale

250 RIDGE Road, Oro-Medonte, Ontario L0L2E0

$750,000

250 RIDGE Road, Oro-Medonte, Ontario L0L2E0 is For Sale and has a listing price of 750,000. The property is located in the Oro-Medonte neighbourhood. It's been on the website for 64 Days.

  • Vacant Land
    Property Type
  • MLS ID: 40617546
  • Office Name RE/MAX ERIE SHORES REALTY INC. BROKERAGE,RE/MAX ER
Property Description

250 Ridge Rd W, Oro-Medonte Discover the potential of 12.8 acres of prime agricultural land near the serene shores of Lake Simcoe! This unique property comes with OLT approval for Cannabis cultivation, both indoors and outdoors. Key features include: Phase 1 plan is approved to build a 23,000 sq. ft. head house plus 60,000 sq’ of greenhouse with rights for outdoor growing and ample space for additional greenhouses. Phase 1 hydro available at the road and Phase 3 hydro approximately 1 km away. The property offers flexibility with the possibility of leasing and vendor take-back (VTB) under certain conditions. Ideal for agricultural entrepreneurs looking to expand their operations in a picturesque and convenient location. For further details, please see the attached supplemental information. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • MLS ID: 40617546
  • Price: $750,000
  • Transaction Types: For Sale
  • Ref ID: 27191867
  • 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
07/19/2024 40617546 $750,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oro-Medonte
  • $1,497,820 Average List Price
    based on 1 year
  • 149 New Listings
    based on 30 days
  • 121 Median Days on Market
    based on 1 year
  • List vs. Selling Price 115.67 % Up
  • Sold (12mo) 194
  • Rented (12mo) 12

  • 1 Month Change +3.7%
  • 3 Month Change +8.0%
  • 6 Month Change +29.0%
Walkscore
Property Type Distribution
  • All Houses
    77.22%
  • All Houses/Commercial
    0.1%
  • Commercial
    12.77%
  • Condo
    7.06%
  • Land for Sale
    2.85%
Additional Details
  • Sewers No Sewage System
  • Basement2 None
  • Water None
  • Property Features Country Residential
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 19/07/2024 00:00:00
  • Zoning Y
  • Agent Name: RYAN VANDENBUSSCHE,LISA VANDENBUSSCHE
  • Address Subdivision: OR49 - Oro Station
  • Last Updated: 22/07/2024 16:52:34
Open House Dates
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