3224 LINE 7 N
Rural Oro-Medonte, Oro-Medonte, L0L 2E0
FOR SALE
$2,499,900
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3
BEDROOMS2
BATHROOMS1
KITCHENS9 + 5
ROOMSS10898261
MLSIDContact Us
Property Description
You pick Your Closing Date! Self Employed, Investors, Large Families, Hobby Farm Enthusiasts and Small Business Owners. This idyllic property located in Horseshoe Valley, Oro-Medonte is close to ski hills, trails and parks offering an exceptional rural retreat experience. Situated on an expansive 11.5-acre lot, it features a 3 Bedroom single-family residence complemented by a separate Guesthouse with Full Kitchen and Bath, a spacious 3-car garage, an extensive heated shop measuring 80x55 feet, and a coverall building spanning 100x40 feet. The property is also equipped with essential amenities such as fiber optic high-speed internet and 3 Phase on the Street. The main home showcases a charming blend of rustic log and stone architecture. The full walkout basement offers additional living space and storage options, while fenced areas cater to the needs of horses or other livestock, making it an ideal property for animal enthusiasts or hobby farmers. Further more, the property presents opportunities for generating income through renting out the guesthouse, shop, or coverall building. Whether for recreational purposes or as a source of additional revenue, this property offers a perfect balance of tranquility and functionality.
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Property Features
Golf
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
1,699' x 288'
Acreage
10-24.99
Taxes
$4,634 (2023)
Basement
Finished, W/O
Exterior
Log, Metal/Side
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Water
Well
Parking Spaces
10
Driveway
Other
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.83' x 18.24' | |
| Dining | Main | 16.34' x 16.99' | |
| Kitchen | Main | 7.91' x 16.99' | |
| Br | Main | 13.25' x 10.93' | |
| Br | Main | 10.60' x 10.83' | |
| Prim Bdrm | 2nd | 15.16' x 22.01' | |
| Other | 2nd | 14.93' x 14.24' | |
| Rec | Lower | 24.18' x 17.42' | |
| Other | Lower | 15.42' x 8.99' | |
| Other | Lower | 15.42' x 8.83' | |
| Laundry | Lower | 14.17' x 16.17' |
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Oro-Medonte Market Statistics
Oro-Medonte Price Trend
3224 LINE 7 N is a 3-bedroom 2-bathroom home listed for sale at $2,499,900, which is $1,902,721 (318.6%) higher than the average sold price of $597,179 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in Oro-Medonte declined by $170,838 (22.2%) compared to the previous 30 day period (November 18 - December 17) and down $374,321 (38.5%) from the same time one year ago.Inventory Change
There were 21 3-bedroom homes listed in Oro-Medonte over the last 30 days (December 18 - January 16), which is down 40.0% compared with the previous 30 day period (November 18 - December 17) and up 320.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oro-Medonte typically sold ($14,776) (2.5%) below asking price over the last 30 days (December 18 - January 16), which represents a $13,424 increase compared to the previous 30 day period (November 18 - December 17) and ($41,000) more 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 (December 18 - January 16) stood at 185.7%, up from 80.0% over the previous 30 days (November 18 - December 17) and up from 40.0% 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 43 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Experience Realty, Brokerage (255 King St)
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