3279 County Rd 50
Loretto, Adjala-Tosorontio, L0G 1L0
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Property Description
Don't Miss The Opportunity To Own Almost 100 Acres Of Prime Investment Land In A Designated Transportation Corridor Just North Of Higway #9 On County Rd 50. There Are Multiple Potential Income Sources From Renting The Workable Land, House And Numerous Out Buildings + The Future Possibility To Develop A Transportation Property.There Is A Farm House That Would Serve As A Future Foot Print For A Re-Build. There May Also Be The Potential For A Second Residence.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-12-28 | 2020-12-30 | 2 | $2,500,000 | - | Suspended |
Extras
Location, Location, Location. It May Be Possible For 2 Residences. Asl Listing Agent For Future Zoning Possibilities.
Property Features
Clear View, Equestrian, School Bus Route
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Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
2,000' x 2,000'
Acreage
50-99.99
Lot Irregularities
98.55 Acres As Per Mpac
Fronting
East
Taxes
$3,000 (2017)
Basement
Full
Exterior
Wood
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
None
Water
Well
Parking Spaces
12
Driveway
Pvt Double
Garage Type
Detached
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Adjala-Tosorontio Market Statistics
Adjala-Tosorontio Price Trend
3279 County Rd 50 is a 4-bedroom 1-bathroom home listed for sale at $1,600,000, which is $410,000 (34.5%) higher than the average sold price of $1,190,000 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 4 bedroom home in Adjala-Tosorontio declined by $95,000 (7.4%) compared to the previous 30 day period (February 23 - March 23) and down $232,500 (16.3%) from the same time one year ago.Inventory Change
There were 6 4-bedroom homes listed in Adjala-Tosorontio over the last 30 days (March 24 - April 22), which is down 62.5% compared with the previous 30 day period (February 23 - March 23) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Adjala-Tosorontio typically sold ($135,000) (11.3%) below asking price over the last 30 days (March 24 - April 22), which represents a $4,950 increase compared to the previous 30 day period (February 23 - March 23) and ($64,495) 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 4-bedroom homes in Adjala-Tosorontio over the last 30 days (March 24 - April 22) stood at 33.3%, up from 12.5% over the previous 30 days (February 23 - March 23) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Adjala-Tosorontio stood at 103 days when successfully sold over the last 30 days (March 24 - April 22), compared to 118 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Chay Realty Inc., Brokerage
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