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For saleListed 16 days agoMLS® S13828578

E PT LT 9 N PT LT 10 Line 14 N, Oro-Medonte, ON

Rural Oro-Medonte, Oro-Medonte · View map

$1,500,000
Vacant LandType
87.284 acresLot
Year Round Municipal RoadAccess
$12,425/yrTaxes
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$1,500,000

About this property

A truly unique 87.28-acre property offering income today and exciting possibilities for the future. The location is excellent, just minutes from Orillia and Bass Lake. It is also located just up the road from Fergus Hill Estates. The property includes approximately 20 acres of pasture, 3.5 acres of natural wetland and 2 two-acre ponds. A portion of the property is currently leased to Walker Aggregates and used primarily for aggregate washing and processing, providing rental income to help offset the cost of holding the land. The current lease expires in 2030 and includes an option to renew. Envision what the future could hold here, from creating a beautiful country home or hobby farm to establishing a private rural retreat in the years ahead. Future residential access is intended to be from Line 14 North, while the property is currently accessed from Line 13 North. All future uses and development are subject to applicable municipal and regulatory approvals. VIEWINGS ARE STRICTLY BY APPOINTMENT ONLY. ACCESS TO THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT IS NOT PERMITTED.

The property

Type
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Waterfront

Waterfront
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Exposure
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Lot & taxes

Acreage
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Location

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Listing

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Estimated monthly cost—Mortgage, property tax and insurance
  • Mortgage
  • Property tax
  • Insurance

Cash needed to close

  • Down payment
  • Ontario land transfer tax
  • Legal fees and title insurance (est.)
  • Inspections: building, septic, water (est.)
  • Total to close

Estimates for illustration only. Recreational property can need a larger down payment and a different rate than a city home. See how cottage financing works.

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E PT LT 9 N PT LT 10 Line 14 N, Oro-Medonte, ON

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Listing courtesy of RE/MAX Summit Group Realty Brokerage. Listing data © PropTx MLS®. Information deemed reliable but not guaranteed.

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