Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Shanty Bay. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $5,490,900 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.
Discover Your Lakefront Retreat! Nestled on a tranquil dead-end street in the charming village of Shanty Bay on Lake Simcoe, this expansive property offers a classic main cottage, a guest house, and an over-the-garage bunkie, totaling 12 bedrooms, 3 kitchens and 8 bathrooms. With 200 feet of south-facing waterfront, enjoy a private concrete patio by the water, a marine railway system leading to a covered boat slip, and a spacious deck above. The crystal-clear, deep water is perfect for boating and swimming, and the location is sheltered from west winds in Kempenfelt Bay. This park-like setting, surrounded by mature trees, provides unmatched privacy while remaining close to modern conveniences just 10 minutes from Barries amenities and Royal Victoria Hospital, and only an hour from Toronto. Boating enthusiasts will appreciate the short distance to Friday Harbours restaurants and the Simcoe Loop Trail is just a quick walk or bike ride away. The main cottage retains classic charm with a stone fireplace, wood floors, a family room, a Muskoka room with lake views, and a unique third-level loft. Most principal rooms across all buildings feature stunning lake views. Additional highlights include parking for over 10 cars and an in-floor heated garage. Enjoy the property as it is or explore future severance potential. More photos available on request.
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This detached home located at 209 Bay Street, Oro-Medonte is currently for sale and has been available on SousaSells for 704 days. This property is listed at $5,490,900 with an estimated mortgage of $18,277* per month. It has 5 beds, 5 bathrooms, and is unknown square feet. 209 Bay Street, Oro-Medonte is in the Shanty Bay neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Cul de Sac/Dead End, Greenbelt/Conservation, Lake/Pond, Waterfront, Wooded/Treed
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Data-driven valuation for 209 Bay Street, Oro-Medonte, ON L0L 2L0
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About Purchasing a Home in Oro-Medonte, ON
For a property listed at $5,490,900 in Oro-Medonte, the legal minimum down payment is $1,098,180 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 $123,748 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 $123,748.
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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.