Oro-Medonte, Rural Oro-Medonte, L0L 1T0
$869,999$000000
Listed by CENTURY 21 B.J. ROTH REALTY LTD..
Looking for a unique property? This could be the one! Recently severed Lot from the original farm, this property includes the original farm house with legal 1 bedroom apartment with separate entrance, an inground pool, pool house (with electricity), the original cattle barn, a large 35'X28' drive shed, all on an easily manageable 3.8 acres. Ideal for a hobby farm or an artisan's retreat. Brick structure attached to the barn has had many purposes over the decades, would be ideal for an office or retail space, showcasing artisan's creations. The existing large barn also provides as many possibilities to repurpose for different livestock or clear out to create a workshop, a storage building or possibly a barndominium. Have you heard of those? Your new home has the added benefit of potential rental income from the apartment to offset a portion of the mortgage. Or a great 2nd unit ideal for extended family. If not for your primary residence, consider as a wonderful 2nd home / recreational property to escape to, your getaway from the hustle and bustle of the big city. This is a character filled, spacious home, with an existing older fireplace in the living room and original hardwood floors, also into the dining room. Adjacent to the living room, a large bedroom, ideally located on the main floor, to accommodate family member(s) with limited mobility, or repurpose as a family room. Home is complete with 2 water heaters to accommodate all.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.