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1614 Ridge Road

1614 Ridge Road

Oro-Medonte, ON

  • 6 bed
  • 5 bath
  • approx. 5000 + sqft
  • Multiplex
  • 1182 days on market
$3,299,000Price reduced 2%

Welcome To 'Hawkstone Manor' In Old Charm Historical Hawkestone, Oro-Medonte. First Time Offer For Sale After Completing A Full Preservation Of This Unique Century Grand Manor Home And Fully Renovated Suites. Stunning Curb Appeal With Keystone Brick, Soaring Ceilings, Exquisite Trim Work & Superior Interior Finishes. Ensuite Laundry, Fireplace. The Building Features State Of The Art Mechanical Systems And Offers The Most In Home Comfort And Efficiencies. 7 fireplaces. Metal roof. Fully spray-foam insulation. New glazing & doors. New paved driveway. All units are separately metered for hydro & separate Water purifications systems & hot water heater per unit. New HVAC, Electrical, Fire security, well & septic systems. This 4 Storey Dwelling Has 5 Executive Suites (See Schedule For Each Floor Plan). This Is A Lifestyle Building With Exceptional Finishes Both In And Out. This Along With Manicured & Groomed Grounds Welcome The Most Discerned Investor, Occupants And Guests! **EXTRAS** Unlike any other 5 plex building - Huge estate manor (over 6,000 square feet) on just under an acre of property. Exceptional investment that is ‘turn key’, fully renovated & free form any future capital improvements.

Listing Details

Taxes (2022)
$3,165
Originally Listed
$3,359,000
Listed
June 13, 2023

Price History

Listing history

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Property

Style
3-Storey
Construction
Brick
Roof
Metal
Foundation
Stone, Concrete
Interior
Separate Heating Controls
Lot Size
120.67 x 200.73 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
32

Utilities

Sewer
Septic
Heat Source
Gas

Location & Legal

Cross Street
Hwy 11 & 11 Line N
Zoning
RG
Parcel Number
585480118
Occupancy
Tenant

Included

Inclusions
Premium tenancies in place generating income over $140,000.00/year. All units are separately metered for hydro & separate Water purifications systems & hot water heater per unit. Vendor is willing to take a Vendor Take Back (VTB) mortgage.
Exclusions
Basement is unfinished with separate entrance and may be used for further income rental potential. Endless potentials!

Schools

Elementary

  • East Oro Public School3.6 km

    Public · Simcoe County DSB · 305 students

    Grade 3 reading: 80% met the provincial standard · Grade 6 math: 60% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L0L

Population
42,022
Private dwellings
19,252
Median age
46.8
Average household size
2.7
Median household income
$106,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Oro-Medonte · last 12 months

Median sold price
$880,000
Homes sold
325
Median days on market
32
Sale-to-list price
95.8%

Based on 325 recorded sales of residential freehold properties in Oro-Medonte over the last 12 months.

Listed by

CENTURY 21 FINE LIVING REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$659,800

Estimated Monthly Payment

$16,207

Land transfer tax

Estimated land transfer tax$68,950

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $16,207/mo (20% down, 5.5%)

Taxes: $264/mo · Insurance: $825/mo

Estimates only. Consult a financial advisor.

R

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