2458 SOUTH ORR LAKE ROAD, Springwater
$599,888
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 2 bedrooms, 1 bathroom
- Living area
- 1,100 sqft
- MLS®
- MLS® S14093072
- Neighbourhood
- Rural Springwater
A Unique Opportunity On The Shores Of Orr Lake Offering Approximately 1.2 Acres With Approx. 114 Feet Of Direct Waterfront And A Deep, Approximately 150' X 432' Lot. The Property Currently Has An Older 1,110 Sq. Ft. Two-bedroom Bungalow Together With Three Detached Cottages, Providing A Configuration Rarely Found On The Lake. This Is An Established Waterfront Property Offering Considerable Opportunity For A Buyer Looking To Renovate, Restore Or Reimagine A Sizable Lakefront Holding. With Substantial Lot Depth, Generous Waterfront, Two Driveways And Multiple Existing Structures, The Property Offers An Interesting Canvas For Someone Prepared To Undertake Improvements And Explore Its Future Possibilities. Located On A Paved County Road With Direct Access To Orr Lake, The Property Provides The Space, Setting And Waterfront That Are Increasingly Difficult To Find. Currently Zoned RCH - Residential Conversion Zone. Buyers Interested In Redevelopment, Expansion Or Alternative Uses Should Conduct Their Own Due Diligence With The Appropriate Authorities Regarding Permitted Uses And Approvals. An Opportunity Best Suited To A Buyer Who Recognizes The Value Of The Land, Waterfront And Existing Footprint And Has The Vision To Determine What Comes Next.
Sold data
Homes in Rural Springwater — recent sold market
Homes in Rural Springwater took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 49, across 68 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $774,950.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
- Median days to sell
- 27
- Median sale price
- $774,950
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 16%
Based on 68 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 2458 SOUTH ORR LAKE ROAD
$599,990
Detached21700–1,100 sqft856 CENTRAL AVENUE, Alcona, Innisfil
$629,000
Detached221,500–2,000 sqft64 REGINA BOULEVARD, Wasaga Beach, Wasaga Beach
$549,000
Detached22700–1,100 sqft24 GOLDIE DRIVE, Orillia, Orillia
$449,000
Detached21700–1,100 sqft323 BELL STREET, Port McNicoll, Tay
$519,000
Detached211,100–1,500 sqft3031 SOUTH SPARROW LAKE ROAD, Rural Severn, Severn
$700,000
Detached522,500–3,000 sqft1512 CHAMPLAIN ROAD, Rural Tiny, Tiny
$489,900
Detached2+12700–1,100 sqft172 WILLIAM STREET, Victoria Harbour, Tay
$599,000
Detached22700–1,100 sqft256 BIG BAY POINT ROAD, Rural Innisfil, Innisfil