2120 South Orr Lake Rd
Rural Springwater, Springwater, L0L 1P0
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BEDROOMS0
BATHROOMS1
KITCHENS6
ROOMSS3809942
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Property Description
A Rare Find At Orr Lake 96' Waterfront With A Good Sandy Beach. There Is An Old Cottage (As Is). Approx 1.2 Acres
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-07-20 | 2023-08-30 | 41 | $850,000 | $770,000 | Sold |
2023-07-20 | 2023-08-30 | 41 | $850,000 | $770,000 | Sold |
2023-06-01 | 2023-07-20 | 49 | $850,000 | - | Suspended |
2017-07-13 | 2017-08-16 | 91 | $379,000 | $370,000 | Sold |
Property Features
Lake/Pond, Park, School Bus Route, Sloping, Waterfront, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
96' x 520'
Acreage
.50-1.99
Fronting
South
Taxes
$2,181 (2016)
Basement
Part Bsmt
Exterior
Other
Heat Type
Other
Heat Source
Wood
Air Conditioning
None
Parking Spaces
5
Driveway
Lane
Garage Type
None
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Springwater Market Statistics
Springwater Price Trend
2120 South Orr Lake Rd is a 3-bedroom 0-bathroom home listed for sale at $379,000, which is $908,670 (70.6%) lower than the average sold price of $1,287,670 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in Springwater increased by $12,420 (1.0%) compared to the previous 30 day period (February 24 - March 24) and up $83,053 (6.9%) from the same time one year ago.Inventory Change
There were 30 3-bedroom homes listed in Springwater over the last 30 days (March 25 - April 23), which is up 7.1% compared with the previous 30 day period (February 24 - March 24) and up 15.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Springwater typically sold ($43,494) (3.4%) below asking price over the last 30 days (March 25 - April 23), which represents a $8,778 decrease compared to the previous 30 day period (February 24 - March 24) and ($42,775) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Springwater over the last 30 days (March 25 - April 23) stood at 56.7%, up from 42.9% over the previous 30 days (February 24 - March 24) and down from 65.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 0-bathroom home in Springwater stood at 20 days when successfully sold over the last 30 days (March 25 - April 23), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Georgian Bay Realty Limited, Brokerage
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