For Sale

461 Penetanguishene Road, Oro-Medonte, Ontario L4M0H1

$1,199,000

461 Penetanguishene Road, Oro-Medonte, Ontario L4M0H1 is For Sale and has a listing price of 1,199,000. The property is located in the Oro-Medonte neighbourhood. It's been on the website for 8 Days.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: S10423677
  • Office Name EXP REALTY,EXP REALTY
Property Description

461 Penetanguishene Rd Is A Unique And Versatile Income-Producing Property Just North Of Barrie, Ontario. Situated On 7.26 Acres, This Property Offers Excellent Investment Potential With A 6-Unit Motel Occupied By Long-Term Tenants, Multiple Additional Structures Including A Main House And Ample Acreage For Various Uses. Its Prime Location Near Highway 11 And Highway 400 Ensures Easy Access And Visibility While Providing A Serene Setting With River Frontage That Flows Into The Beautiful Little Lake. This Property Is Ideally Located To Capitalize On The Area’s Year-Round Attractions, Including Golf Courses, Wineries, Hiking Trails, And Event Venues. With A Mix Of Established Rental Income, Multiple Buildings, And Scenic Surroundings, This Is A Rare Find In Todays Market. Whether Youre Looking To Expand Your Investment Portfolio, Operate A Profitable Hospitality Business, Or Create A Private Retreat, This Property Offers Endless Possibilities! **** EXTRAS **** 100 Amps In Blue House & Separate Meter For Motel Strip, 100 Amps. (id:43137)

Property Details
  • MLS ID: S10423677
  • Price: $1,199,000
  • Transaction Types: For Sale
  • Ref ID: 27649391
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
11/13/2024 40675419 $1,199,000 For Sale - -
11/13/2024 S10423677 $1,199,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oro-Medonte
  • $1,450,483 Average List Price
    based on 1 year
  • 97 New Listings
    based on 30 days
  • 120 Median Days on Market
    based on 1 year
  • List vs. Selling Price 138.71 % Up
  • Sold (12mo) 213
  • Rented (12mo) 19

  • 1 Month Change -30.6%
  • 3 Month Change -29.5%
  • 6 Month Change -35.3%
Walkscore
Property Type Distribution
  • All Houses
    77.41%
  • All Houses/Commercial
    0.09%
  • Commercial
    12.54%
  • Condo
    7.56%
  • Land for Sale
    2.41%
Additional Details
  • Sewers Septic System
  • Heat Source Oil
  • Heating System Forced Air
  • Property Features Conservation/green Belt
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/11/2024 00:00:00
  • Zoning C1-downtown Commerci
  • Agent Name: JENNIFER JONES,MICHAEL FISHER
  • Last Updated: 14/11/2024 20:03:01
Open House Dates
Want to see this property?