Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Shanty Bay. Expertly crafted featuring premium stone construction, this residence presents an exceptional opportunity offered at $17,900,000 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.
One Of A Kind! Lighthouse Estate Family Compound ~ Rare 17.24-Acres And 525 Ft Of Prime Waterfront On Kempenfelt Bay/Lake Simcoe With Impressive Panoramic Views! Picturesque Drive Leading To 2 Magnificent Homes Each Inc: Aprox 15,000 Sf, Lower Level Walk/Outs, Apartments Over Both 3-Car Garage, Floor To Ceiling Glass Windows Throughout, 6 Bdrms, 6 Baths, Gym, Spa, Detached Utility Garagex 2. Sandy Beach, Rare Oversized Inwater Boathouse W/Living And Terrace
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This detached home located at 2653 Ridge Road, Oro-Medonte is currently for sale and has been available on SousaSells for 354 days. This property is listed at $17,900,000 with an estimated mortgage of $59,582* per month. It has 6 beds, 7 bathrooms, and is 5000 + square feet. 2653 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.Beach, Clear View, Wooded/Treed, Waterfront
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2653 Ridge Road W, Oro-Medonte, ON L0L 2L0
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 $17,900,000 in Oro-Medonte, the legal minimum down payment is $3,580,000 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 $433,975 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 $433,975.
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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.