1614 Ridge Road, Oro-Medonte, ON

$3,299,000
MLS#:S6142920
6 beds
5 baths
5000 + sqft
32.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Hawkestone. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,299,000 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.

  • 6 Bedrooms and 5 Bathrooms with 5 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 120.67 x 200.73 ft lot
  • Features a separate entrance, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 32.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Separate Heating Controls
  • Efficient forced air heating via gas

Description

Welcome To 'Hawkstone Manor' In Old Charm Historical Hawkestone, Oro-Medonte. First Time Offer For Sale After Completing A Full Preservation Of This Unique Century Grand Manor Home And Fully Renovated Suites. Stunning Curb Appeal With Keystone Brick, Soaring Ceilings, Exquisite Trim Work & Superior Interior Finishes. Ensuite Laundry, Fireplace. The Building Features State Of The Art Mechanical Systems And Offers The Most In Home Comfort And Efficiencies. 7 fireplaces. Metal roof. Fully spray-foam insulation. New glazing & doors. New paved driveway. All units are separately metered for hydro & separate Water purifications systems & hot water heater per unit. New HVAC, Electrical, Fire security, well & septic systems. This 4 Storey Dwelling Has 5 Executive Suites (See Schedule For Each Floor Plan). This Is A Lifestyle Building With Exceptional Finishes Both In And Out. This Along With Manicured & Groomed Grounds Welcome The Most Discerned Investor, Occupants And Guests! **EXTRAS** Unlike any other 5 plex building - Huge estate manor (over 6,000 square feet) on just under an acre of property. Exceptional investment that is ‘turn key’, fully renovated & free form any future capital improvements.

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Property Summary

This multiplex located at 1614 Ridge Road, Oro-Medonte is currently for sale and has been available on SousaSells for 1124 days. This property is listed at $3,299,000 with an estimated mortgage of $10,981* per month. It has 6 beds, 5 bathrooms, and is 5000 + square feet. 1614 Ridge Road, Oro-Medonte is in the Hawkestone neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
5
Kitchens
5
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusExtension
Listed Date6/13/2023
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
Architectural Style3-Storey
ConstructionBrick
BasementSeparate Entrance, Walk-Up
Lot Size120.67 × 200.73 Feet
CountySimcoe
Annual Tax$3,165
Legal DescriptionPt Lt 1 Pl 1230 Oro As In Ro802426; Oro-Medonte

Parking & Garage

Parking Spaces32.0
Garage Spaces30
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

Separate Heating Controls

Security Features

Community Features

Location

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1614 Ridge Road, Oro-Medonte, ON
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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 1614 Ridge Road E, Oro-Medonte, ON L0L 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$989,700 (30.0%)
* Minimum Canadian down payment required for this price is $659,800.
Amortization Period30 Years
Estimated Monthly Payment$10,981Based on a loan of $2,309,300 over 30 years.
Purchase Price$3,299,000
Loan Amount$2,309,300
Provincial Land Transfer Tax:$68,950
Total Estimated Closing Taxes:$68,950

About Purchasing a Home in Oro-Medonte, ON

For a property listed at $3,299,000 in Oro-Medonte, the legal minimum down payment is $659,800 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 $68,950 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 $68,950.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,176,782

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.