Welcome to this remarkable Bungalow vacant land located in the coveted neighborhood of Rural Oro-Medonte. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $344,000 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.
Here's an Easy Choice.With an ideal location, a level ready-to-build residential lot, development charges paid (approx. $41,245 value), two driveways, and immediate proximity to the waters of Lake Simcoe-what's stopping you from your residential future?Ideally situated between Barrie and Orillia, just off Lakeshore Road E. at the bottom of the 7th Line, this mostly cleared lot provides an excellent foundation for your home plans to take shape. Enjoy a lifestyle just steps to Lake Simcoe, with Bayview Memorial Park and a nearby boat launch only minutes away. Convenient access to Highway 11 via the 7th Line flyover makes commuting easy, while the nearby Rail Trail offers excellent outdoor recreation. The existing cottage has no intrinsic value however supports paid status of the township's development charges. Natural gas, cable, and internet are available at the street, with shopping and amenities close by. A fantastic opportunity to build in a desirable lakeside community.
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Wooded/Treed, School Bus Route, Beach, Cul de Sac/Dead End, Golf, Lake/Pond
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 14 Barbara Avenue, 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 $344,000 in Oro-Medonte, the legal minimum down payment is $17,200 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 $3,635 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 $3,635.
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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.