2256 Lakeshore Road, Oro-Medonte, ON

$299,000
MLS#:S8408048
0 beds
0 baths
Residential Freehold
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Property Highlights

Welcome to this remarkable 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 $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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 60 x 199.93 ft lot size
  • Notable attributes: Other

Description

Stunning 60 by 200-foot-deep lot in heart of Oro-Medonte across from picturesque Lake Simcoe. This building lot is private yet cleared and offers the perfect opportunity to build your dream property with lake views! Not only is there hydro, gas, internet and garbage collection at the road, but a stunning direct beach access for you and your family to enjoy. The steps down to the pebble beach through the trees are like out of a movie or a magazine. A little piece of heaven situated perfectly between Barrie and Orillia's amenities. There is also a shed on the property in the meantime for storage. I am sure your imagination will start going wild with design ideas, this lot is one-of-a-kind.

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Property Summary

This vacant land located at 2256 Lakeshore Road, Oro-Medonte is currently for sale and has been available on SousaSells for 767 days. This property is listed at $299,000 with an estimated mortgage of $995* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 2256 Lakeshore Road, Oro-Medonte is in the Rural Oro-Medonte neighborhood.

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

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 10, 2024
Sold price information is available to members only
Listed Date6/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size60 × 199.93 Feet
CountySimcoe
Annual Tax$1,500
Legal DescriptionLT 15 PL 952 ORO; ORO-MEDONTE

Heating & Cooling

Features

Property Features

Beach, Clear View, Greenbelt/Conservation, Lake Access, Level, School Bus Route

Interior Features

Other

Security Features

Community Features

Location

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2256 Lakeshore 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 2256 Lakeshore Road E, Oro-Medonte, ON L0K 1E0

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$89,700 (30.0%)
* Minimum Canadian down payment required for this price is $14,950.
Amortization Period30 Years
Estimated Monthly Payment$995Based on a loan of $209,300 over 30 years.
Purchase Price$299,000
Loan Amount$209,300
Provincial Land Transfer Tax:$2,960
Total Estimated Closing Taxes:$2,960

About Purchasing a Home in Oro-Medonte, ON

For a property listed at $299,000 in Oro-Medonte, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,233,665

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.