1775 Ridge Road, Oro-Medonte, ON

$37,000,000
MLS#:S6655772
8 beds
11 baths
5000 + sqft
48.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Shanty Bay. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $37,000,000 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.

  • 8 Bedrooms and 11 Bathrooms with 2 functional kitchens
  • Generous living space spanning 5000 + sqft on a premium 378.17 x 1196 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 48.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to this exquisite waterfront estate nestled on sprawling 10 acres. The palatial mansion is truly a masterpiece, offering breathtaking vistas of Kempenfelt Bay on Lake Simcoe. Boasting expansive views of blue water, complemented by a range of luxe amenities. Featuring garage space for 8-cars, an indoor pool and spa, an outdoor pool and meticulously terraced grounds and tennis court. Boathouse with a finished loft and separate 3-bedroom gate house ensure ample space for guests, Designer interiors impress with gorgeous custom chef's kitchen. The primary suite offers an enormous walk-in closet, dressing room and spa-like bathroom. Towering trees line the winding drive that leads to this private oasis, located just a 1-hour drive from Toronto and 10 minutes to private airport. With 385 feet of shoreline, a private pier and unparalleled beauty both inside and out, this waterfront estate is truly a dream come true. **EXTRAS** Local Lake Simcoe Regional Airport supplies full service for private jets, helicopters and charters. Situated in the historic hamlet of Shanty Bay, one of Ontario's most desired areas for country homes and private waterfront estates.

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Property Summary

This detached home located at 1775 Ridge Road, Oro-Medonte is currently for sale and has been available on SousaSells for 1096 days. This property is listed at $37,000,000 with an estimated mortgage of $123,159* per month. It has 8 beds, 11 bathrooms, and is 5000 + square feet. 1775 Ridge Road, 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
8
Bathrooms
11
Kitchens
2
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusExtension
Listed Date7/11/2023
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementFinished
Lot Size378.17 × 1196 Feet
CountySimcoe
Annual Tax$60,975
Legal DescriptionCon 3E Pt Lot 28 Rp51 R1273 Pt1

Parking & Garage

Parking Spaces48.0
Garage Spaces40
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Waterfront

Interior Features

Central Vacuum

Security Features

Community Features

Location

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1775 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 1775 Ridge Road W, Oro-Medonte, ON L0L 2L0

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$11,100,000 (30.0%)
* Minimum Canadian down payment required for this price is $7,400,000.
Amortization Period30 Years
Estimated Monthly Payment$123,159Based on a loan of $25,900,000 over 30 years.
Purchase Price$37,000,000
Loan Amount$25,900,000
Provincial Land Transfer Tax:$911,475
Total Estimated Closing Taxes:$911,475

About Purchasing a Home in Oro-Medonte, ON

For a property listed at $37,000,000 in Oro-Medonte, the legal minimum down payment is $7,400,000 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 $911,475 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 $911,475.

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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%

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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.