2447 Ridge Rd W
Rural Oro-Medonte, Oro-Medonte, L0L 2L0
FOR SALE
$996,500
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BEDROOMS2
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Property Description
Top 5 Reasons You Will Love This Home: 1) Charming bungalow located in the sought-after Shanty Bay area featuring four bedrooms, two renovated full bathrooms, and a main level boasting porcelain tile that resemble hardwood flooring, adding a modern touch to the home 2) Beautifully renovated open-concept living and dining space, freshly painted with stylish wood beam accents, large windows that fill the room with natural light, and two walkouts leading to the upper deck, cultivating a bright and welcoming atmosphere 3) Surrounded by mature trees, this private oasis has been extensively renovated over the past four years and features multiple sitting decks and areas for relaxation, also including an above-ground pool with a sunbathing deck, perfect for enjoying sunny days in a serene, wooded setting 4) Fully finished walkout basement hosting an in-law suite with a kitchen, bedroom, updated bathroom, and a separate living area that features a cozy sitting space with an electric fireplace 5) Peace of mind is offered by newer windows and doors, a new roof (2024), a propane furnace installed in 2023, a freshly painted upper level (2023) and many more upgrades; also enjoy being ideally situated just minutes from Highway 11, golf courses, skiing, and Lake Simcoe. 3,179 fin.sq.ft. Age 65. Visit our website for more detailed information.
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Property Features
Beach, Fenced Yard, Golf, Lake/Pond, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1500-2000
Lot Size
100' x 149'
Fronting
South
Taxes
$3,372 (2024)
Basement
Fin W/O, Full
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
None
Water
Well
Pool
Abv Grnd
Parking Spaces
5
Driveway
Available
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.30' x 13.16' | Porcelain Floor, Stainless Steel Appl, Pantry |
Dining | Main | 23.10' x 24.05' | Combined W/Living, Porcelain Floor, W/O To Deck |
Prim Bdrm | Main | 10.73' x 12.76' | Porcelain Floor, Closet, Window |
Br | Main | 9.51' x 11.22' | Porcelain Floor, Closet, Window |
Br | Main | 9.06' x 10.24' | Porcelain Floor, Closet, Window |
Laundry | Main | 11.06' x 13.62' | |
Mudroom | Main | 8.01' x 14.07' | Laminate, Wainscoting |
Kitchen | Bsmt | 9.61' x 12.14' | Laminate, B/I Shelves, Breakfast Bar |
Living | Bsmt | 19.59' x 26.25' | Laminate, Electric Fireplace, Window |
Rec | Bsmt | 21.39' x 26.48' | Laminate, Recessed Lights, W/O To Yard |
Br | Bsmt | 12.04' x 15.39' | Laminate, Closet, Window |
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Oro-Medonte Market Statistics
Oro-Medonte Price Trend
2447 Ridge Rd W is a 3-bedroom 2-bathroom home listed for sale at $996,500, which is $347,038 (25.8%) lower than the average sold price of $1,343,538 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Oro-Medonte increased by $239,997 (21.7%) compared to the previous 30 day period (September 1 - September 30) and up $260,110 (24.0%) from the same time one year ago.Inventory Change
There were 39 3-bedroom homes listed in Oro-Medonte over the last 30 days (October 1 - October 30), which is down 17.0% compared with the previous 30 day period (September 1 - September 30) and up 39.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oro-Medonte typically sold ($45,807) (3.4%) below asking price over the last 30 days (October 1 - October 30), which represents a $24,199 decrease compared to the previous 30 day period (September 1 - September 30) and ($34,699) 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 3-bedroom homes in Oro-Medonte over the last 30 days (October 1 - October 30) stood at 33.3%, up from 25.5% over the previous 30 days (September 1 - September 30) and up from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oro-Medonte stood at 52 days when successfully sold over the last 30 days (October 1 - October 30), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Faris Team Real Estate
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