2232 O'NEILL STREET, Ramara (Brechin)

$425,000

For sale: Vacant Land

Vacant Land at 2232 O'NEILL STREET, Ramara (Brechin)
Property type
Vacant Land
MLS®
MLS® S13802402
Neighbourhood
Brechin

Premium Fully Serviced Building Lot - 2232 O'Neill Street, Brechin, ON, Rare opportunity in the heart of Brechin! This approximately 71.46 151.63 ft Village Residential (VR) lot offers full municipal water and sanitary sewer, completed professional working drawings, and zoning approval for a semi-detached development delivering two freehold homes with potential for an additional residential unit in each basement (up to four units total). Zoning approval from the Township of Ramara is already in hand (notes and survey included), the survey shows the intended division into two freehold properties, and severance has been strategically withheld for cost savings after the common wall is built; building permit submission was held pending an offer so a purchaser can move forward efficiently. Ready-to-build package includes basement, main, and second floor plans plus marketing plans, with neighbouring semis demonstrating compatibility. Compared to ordinary well-and-septic lots listed around $295,000, this fully serviced, approved, multi-unit-ready site justifies a premium and positions a builder or investor to start relatively quickly in a convenient village location near amenities, Highway 12, Lake Simcoe, Lagoon City, and only about 1.5 hours from the GTA. Legal: PIN 587140436 | Roll 4348 010 00945 500 0000 | Part Lots 27 & 28, Plan 132, Part 3, Reference Plan 51R-36362. All drawings will be made available upon request.

Sold data

Homes in Ramara (Brechin) — recent sold market

Homes in Ramara (Brechin) took a median of 33 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 57, across 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.

The median sale price was $670,950.

Homes sold for about 5.1% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

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

Median days to sell
33
Median sale price
$670,950
Sale-to-list ratio
94.9%
Sold above asking
6%

Based on 54 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 Ramara (Brechin)

Ramara (Brechin) has 1 Fraser Institute–rated school (1 elementary).

Rated schools
1
Elementary
1

Top-rated schools in Ramara (Brechin)

  • Uptergroveelementary, RamaraFraser rating 4.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2232 O'NEILL STREET