209 Bay Street, Oro-Medonte, ON

$5,490,900
MLS#:S9247622
5 beds
5 baths
12.0 parking
Residential Freehold
Loading property media...

Property Highlights

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.

  • 5 Bedrooms and 5 Bathrooms
  • Premium 200 x 156 ft lot size
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Generator - Partial
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

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.

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusExpired
Listed Date8/7/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size200 × 156 Feet
CountySimcoe
Annual Tax$14,417
Legal DescriptionLT 2 PL 742 ORO; ORO-MEDONTE

Parking & Garage

Parking Spaces12.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Greenbelt/Conservation, Lake/Pond, Waterfront, Wooded/Treed

Interior Features

Auto Garage Door Remote, Generator - Partial

Security Features

Community Features

Virtual Tours

Location

Initializing map...
209 Bay Street, Oro-Medonte, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 209 Bay Street, Oro-Medonte, ON L0L 2L0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oro-Medonte.

Configure Loan Settings

Interest Rate4.00%
Down Payment$1,647,270 (30.0%)
* Minimum Canadian down payment required for this price is $1,098,180.
Amortization Period30 Years
Estimated Monthly Payment$18,277Based on a loan of $3,843,630 over 30 years.
Purchase Price$5,490,900
Loan Amount$3,843,630
Provincial Land Transfer Tax:$123,748
Total Estimated Closing Taxes:$123,748

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.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Shanty Bay, Oro-Medonte.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$2,286,746

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Guthrie
Public22 Highway 11, Oro-Medonte, Ontario, L0L 2E0
7.2

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.