30 Myrtle Avenue, Oro-Medonte, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Oro-Medonte. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $499,900 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 101.41 x 104.72 ft lot
- 5.0 total parking spaces available
- Notable attributes: Carpet Free
- Efficient other heating via oil
Description
This property is being sold for Land Value, in "as is condition". Excellent potential to build a new retreat with water-view. Great location situated on a dead end street shared with five other cottages. The spacious circular driveway can accommodate several vehicles. There is access to the waterfront with stone stairs approved by an Encroachment and Licensing Agreement with Oro-Medonte. Natural Gas and Cable is available at the road. The existing structure has a 60 amp fuse panel, a drilled well and a holding tank system. A permit application has been submitted to the Lake Simcoe Region Conservation Authority (LSRCA) for the decommissioning and removal of the original wooden cabin structure. A detailed estimate has been secured from a reputable, professional, local contractor covering the complete demolition and clearing of both the cabin and the aluminum shed remnants. Once approved the Sellers will begin this process. The 30-foot trailer will be removed prior to closing at the Seller's expense.
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Property Summary
This detached home located at 30 Myrtle Avenue, Oro-Medonte is currently for sale and has been available on SousaSells for 38 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 30 Myrtle Avenue, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Cul de Sac/Dead End, Lake Access, Wooded/Treed
Interior Features
Carpet Free
Security Features
Community Features
Location
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 30 Myrtle Avenue, Oro-Medonte, ON L0L 1T0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oro-Medonte, ON
For a property listed at $499,900 in Oro-Medonte, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.