Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Oro-Medonte. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $529,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Nestled on a quiet cul-de-sac in a peaceful waterfront community, this cozy 1-bedroom cottage offers the perfect summer escape. Whether you're looking for a family retreat or the ideal lot to build your dream home, this property delivers both charm and potential. Enjoy deeded lake access to beautiful Lake Simcoe, just a short stroll away, perfect for swimming, boating and watching the sunset. Nearby hotspots include Bayview Memorial Park, offering a long stretch of sandy beach, the 28km of Oro's Rail Trail for hiking, running or biking, as well as the Line 9 boat launch for a more relaxing day on the lake. The existing cottage has rustic charm and offers all the necessities for a summer retreat, including a welcoming front porch where you can sip your morning coffee surrounded by nature. Located only 90 minutes from the GTA, this serene getaway combines the best of cottage life with easy city access. Don't miss this rare opportunity to own a slice of Lake Simcoe paradise. Use it now, plan for later and make every summer unforgettable.
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Beach, Greenbelt/Conservation, Lake Access, Lake/Pond, Marina, Wooded/Treed
Carpet Free, Primary Bedroom - Main Floor, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 10 Simcoe Road, Oro-Medonte, ON L0L 2E0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oro-Medonte.
About Purchasing a Home in Oro-Medonte, ON
For a property listed at $529,000 in Oro-Medonte, the legal minimum down payment is $27,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,055 for this transaction. As this listing is in Oro-Medonte (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,055.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.