211 COUNTY RD 28 ROAD, Otonabee-South Monaghan

$2,000,000

For sale: Other

Other at 211 COUNTY RD 28 ROAD, Otonabee-South Monaghan
Property type
Investment
MLS®
MLS® X13712554
Neighbourhood
Otonabee-South Monaghan

Un-limited Opportunity! Just over an hour drive east of Toronto, this is a rare opportunity to acquire a prominent property in the heart of Bailieboro. The existing building spans 23,045 sq ft and is situated on 5.4 acres, equipped with 3-phase electrical power. Over $300,000 in renovations and upgrades have been completed, including electrical, plumbing, ductwork, and heating & cooling systems. The property is suitable for a variety of uses, such as a private school, nursing home, retirement lodge, hospital, medical center, or public library. This is an excellent investment opportunity with the city open to changes in use, offering significant potential. Site plan, floor plans, and measurements are available.

Sold data

Homes in Otonabee-South Monaghan — recent sold market

Homes in Otonabee-South Monaghan took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 64, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 45 days.

The median sale price was $589,950.

Homes sold for about 4.9% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$589,950
Sale-to-list ratio
95.1%
Sold above asking
16%

Based on 38 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.

Currently for sale

Homes for sale near 211 COUNTY RD 28 ROAD