177 Rail Trail Drive, Oro-Medonte, ON

$799,900
MLS#:S8482852
3 beds
2 baths
1100-1500 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Hawkestone. Expertly crafted featuring premium board & batten construction, this residence presents an exceptional opportunity offered at $799,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 150 x 500 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: Sump Pump, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the charm of 177 Rail Trail Drive in Oro-Medonte, Ontario. This delightful home features 3 bedrooms and 1.5 baths, perfect for comfortable family living. The large eat-in kitchen boasts stainless steel appliances and a walk-in pantry. The spacious living room provides the perfect space to relax after a long day also seamlessly flowing into the expansive dining room, which offers walk-out access to a covered back porch. Natural light floods the home through large windows, providing stunning views of lush greenery and mature forest from every room. The large primary bedroom is complete with a 2-piece ensuite and a walk-in closet. Both additional bedrooms are generously sized with large windows that invite in the beauty of the surrounding landscape. The partially finished basement adds extra living space with a cozy wood-stove fireplace and a massive window for abundant natural light. Set on a large property, this home offers endless potential to create your dream outdoor space. Conveniently located near major highways, running errands and shopping are a breeze. The trail meaning "Rail Trail" is just steps from your front door. Only minutes away from Bayview memorial park & beach on Lake Simcoe. Embrace the tranquil lifestyle that 177 Rail Trail Drive has to offer. Book a private showing today!

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Property Summary

This detached home located at 177 Rail Trail Drive, Oro-Medonte is currently for sale and has been available on SousaSells for 745 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 177 Rail Trail Drive, 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
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 14, 2024
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBoard & Batten
BasementFull, Partially Finished
Lot Size150 × 500 Feet
CountySimcoe
Annual Tax$3,865
Legal DescriptionPCL 24-1 SEC M48; LT 24 PL M48 ORO; ORO-MEDONTE

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Wooded/Treed, Park, Lake Access, Skiing, Lake/Pond, Beach

Interior Features

Sump Pump, Water Softener

Security Features

Community Features

Location

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177 Rail Trail Drive, 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 177 Rail Trail Drive, 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$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Oro-Medonte, ON

For a property listed at $799,900 in Oro-Medonte, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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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.