287 County Rd 16 Rd
Orangeville, Orangeville, L9W 2Z1
FOR SALE
$1,699,900
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3 + 2
BEDROOMS4
BATHROOMS1 + 2
KITCHENS7 + 5
ROOMSW11974450
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Property Description
Investors Dream, Approx 4 Acres Land With Frontage Of 398 Ft & Raised Bungalow At County Road 16 Within The City Of Orangeville. Great Potential For Investors Or Builders As New Construction Of Houses Is Just Steps Away. Property may have residential and commercial use, though, all due diligence related to the land. Great Income Potential.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
2000-2500
Lot Size
398' x 528'
Acreage
2-4.99
Lot Irregularities
410.54ft. x 398.11ft. x 527.6ft. x 169.5
Fronting
East
Taxes
$15,125 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick, Stone
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
None
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Orangeville Market Statistics
Orangeville Price Trend
287 County Rd 16 Rd is a 3-bedroom 4-bathroom home listed for sale at $1,699,900, which is $766,719 (82.2%) higher than the average sold price of $933,181 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Orangeville increased by $70,681 (8.2%) compared to the previous 30 day period (December 22 - January 20) and up $163,848 (21.3%) from the same time one year ago.Inventory Change
There were 28 3-bedroom homes listed in Orangeville over the last 30 days (January 21 - February 19), which is up 75.0% compared with the previous 30 day period (December 22 - January 20) and down 6.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Orangeville typically sold ($16,527) (1.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $4,923 increase compared to the previous 30 day period (December 22 - January 20) and ($29,624) more 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 Orangeville over the last 30 days (January 21 - February 19) stood at 78.6%, up from 75.0% over the previous 30 days (December 22 - January 20) and up from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Orangeville stood at 17 days when successfully sold over the last 30 days (January 21 - February 19), compared to 96 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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