1585 HIGHWAY 11 N, Oro-Medonte
$2,750,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® S12459931
- Neighbourhood
- Rural Oro-Medonte
Conveniently located on Highway 11 North in the Township of Oro-Medonte and sitting on 2.6 Acres of land. The 2262.49 sq. ft. our showroom offers a bright, location for operating a variety of types of businesses. Built in 2021, the 40x40 insulated workshop with in-floor heating and fully equipped with pre-wiring is setup as a workshop or storage unit. Site Plan Approval for an additional 2200 sqft building. This unique property offers the potential for extra rental income from sources such as food trucks, produce stand, etc. Ideal for restaurant, showroom, pool, landscaping, modular home, RV, auto sales, and many other commercial uses. There is currently a Food Truck on-site offering additional rental income operating from May to October each year. Outdoor showroom is open to the public 24 hours a day. Location Statistics/Information: Local populations which could lead to potential customers from Barrie, City of Orillia, Township of Oro-Medonte and surrounding area exceeds 264,000 people According to the MTO, in 2016, the annual average daily total amount of vehicles travelling on highway11 was approximately 45,000 vehicles (16,425,000 vehicles per year). Local business support from Chamber of Commerce, Township Economic Development Department and CFIB. Located in the heart of the County of Simcoe, and in the Tourism region known as Orillia & Lake Country, Oro-Medonte offers businesses affordable access to your customers and markets* For Additional Property Details Click The Brochure Icon Below*
Sold data
Homes in Oro-Medonte — recent sold market
Homes in Oro-Medonte took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 59, across 83 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 59 days.
The median sale price was $899,900.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
- Median days to sell
- 29
- Median sale price
- $899,900
- Sale-to-list ratio
- 96.2%
- Sold above asking
- 11%
Based on 83 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Oro-Medonte
Oro-Medonte has 1 Fraser Institute–rated school (1 elementary).
- Rated schools
- 1
- Elementary
- 1
Top-rated schools in Oro-Medonte
- Guthrie — elementaryFraser rating 7.2/10
School ratings from the Fraser Institute's Ontario school report cards.
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