2387 Highway 11 North

FOR SALE
$849,000
2387 Highway 11 North, Oro-Medonte
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
2387 Highway 11 North
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4
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
10
ROOMS
S9301220
MLSID
Contact Us
Property Description
Top 5 Reasons You Will Love This Home: 1) This property boasts 2 separate dwellings, complete with individual addresses, 2387 and 2387A Highway 11, situated on a nearly 1-acre lot, is perfect for extended families or an investment opportunity, with a recently built 737 square foot loft (2023) complete with two bedrooms, one full bathroom, a large kitchen with island, gas stove, pot, lights, and storage along with the main home comprising of 1,452 square feet of finished living space, two additional bedrooms, and one and a half bathrooms 2) 30'x24 insulated double car garage, accompanied by a large covered deck for outdoor living and entertainment with a spacious driveway that holds 12+ vehicles 3) Home upgrades include new flooring, new kitchen countertops, and a dishwasher (2022) 4) Well-manicured exterior highlighting a stucco exterior, a fully fenced yard, lush greenery, and ample privacy 5) Convenient location for commuters with easy access to highways north and south, minutes to Barrie, Georgian College, the Royal Victoria Hospital, shopping, groceries, and entertainment. Age 75. Visit our website for more detailed information.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-30 2024-09-04 36 $865,000 - Terminated
2024-06-20 2024-07-30 40 $865,000 - Terminated
Property Features
Fenced Yard
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
70' x 602'
Acreage
.50-1.99
Fronting
South
Taxes
$2,803 (2023)
Basement
Crawl Space, Unfinished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
12
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.34' x 13.62'Vinyl Floor, Double Sink, Window
DiningMain10.14' x 12.37'Vinyl Floor, Window, Open Concept
LivingMain18.77' x 19.32'Vinyl Floor, Gas Fireplace, Large Window
Prim Bdrm2nd12.60' x 21.36'Closet, Window, Vaulted Ceiling
Br2nd11.58' x 21.36'Closet, Window, Vaulted Ceiling
Kitchen2nd11.75' x 16.77'Eat-In Kitchen, Vinyl Floor, Centre Island
Living2nd11.75' x 12.40'Vinyl Floor, Open Concept, Recessed Lights
Br2nd11.02' x 11.02'Vinyl Floor, Window
Br2nd9.61' x 11.02'Vinyl Floor, Window
Laundry2nd4.76' x 7.74'Vinyl Floor, Pocket Doors
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
2387 Highway 11 North is a 4-bedroom 3-bathroom home listed for sale at $849,000, which is $6,951,000 (89.1%) lower than the average sold price of $7,800,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Oro-Medonte increased by $5,661,600 (264.8%) compared to the previous 30 day period (July 22 - August 20) and up $6,594,091 (546.8%) from the same time one year ago.
Inventory Change
There were 14 4-bedroom homes listed in Oro-Medonte over the last 30 days (August 21 - September 19), which is up 100.0% compared with the previous 30 day period (July 22 - August 20) and down 6.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Oro-Medonte typically sold ($700,000) (9.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $511,601 decrease compared to the previous 30 day period (July 22 - August 20) and ($44,109) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Oro-Medonte over the last 30 days (August 21 - September 19) stood at 21.4%, down from 71.4% over the previous 30 days (July 22 - August 20) and down from 73.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oro-Medonte stood at 64 days when successfully sold over the last 30 days (August 21 - September 19), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Faris Team Real Estate
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