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 39 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 72, across 91 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.

The median sale price was $624,900.

Homes sold for about 4.7% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 26% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$624,900
Sale-to-list ratio
95.3%
Sold above asking
11%

Based on 91 recorded sales in the last 1 year — 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