12 Olive Drive, Oro-Medonte, ON
Property no longer active
This property was sold on January 10, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Prices Corners. Expertly crafted featuring premium brick and aluminum siding construction, this residence presents an exceptional opportunity offered at $594,999 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 100 x 160 ft lot
- Features a separate entrance, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free, In-Law Capability, Sump Pump
- Efficient forced air heating via gas
Description
This bungalow is a standout opportunity for contractors, investors, and hands-on buyers looking for a project with strong upside. Set on an impressive 100 x 160 ft lot in a well-established, family-friendly neighbourhood in Prices Corner, this property combines location value with serious potential. You're minutes to Orillia, & Highways 400, 12, and 11, and close to everyday essentials-shopping, dining, gas, Tim Hortons-and it's located in a highly sought-after school zone, making future resale or rental appeal even stronger. The home features a functional main-floor layout ready for modernization, allowing you to bring your vision to life. The recently updated lower level is a major value add, offering excellent in-law suite potential-ideal for multi-generational living. An oversized double-car garage adds storage and workspace flexibility, while the expansive backyard backs onto a peaceful forest. With Bass Lake nearby, year-round recreation adds another desirable lifestyle feature for future occupants. If you're searching for a property with a nice lot size, prime location, and room to build real value, this is the one. The potential here is truly worth exploring.
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Property Summary
This detached home located at 12 Olive Drive, Oro-Medonte is currently for sale and has been available on SousaSells for 247 days. This property is listed at $594,999 with an estimated mortgage of $1,981* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 12 Olive Drive, Oro-Medonte is in the Prices Corners neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Prices Corners, Oro-Medonte.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Prices Corners, Oro-Medonte.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Campground
- Golf
- Park
- School
- Skiing
- Beach
Interior Features
- Carpet Free
- In-Law Capability
- Sump Pump
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 12 Olive Drive, Oro-Medonte, ON
Q.What is the asking price for 12 Olive Drive, Oro-Medonte, ON ?
The current listing price for 12 Olive Drive, Oro-Medonte, ON in Prices Corners, Oro-Medonte is $594,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 12 Olive Drive, Oro-Medonte, ON ?
12 Olive Drive, Oro-Medonte, ON is a Detached (Bungalow) featuring a Separate Entrance, Full basement.
Q.What key property features does 12 Olive Drive, Oro-Medonte, ON offer?
Key property features include: Campground, Golf, Park, School, Skiing, Beach.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, In-Law Capability, Sump Pump, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 12 Olive Drive, Oro-Medonte, ON L3V 6H2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oro-Medonte, ON
For a property listed at $594,999 in Oro-Medonte, the legal minimum down payment is $34,500 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 $8,375 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 $8,375.
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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.