31 O'Connell Lane, Oro-Medonte, ON
Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Rural Oro-Medonte. Expertly crafted featuring premium vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $1,299,900 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 50.6 x 185.08 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Move in and enjoy this well maintained waterfront home on Lake Simcoe. The property offers a functional layout and inviting outdoor space, including a patio, granite steps, a walkway to the water, and a private dock. The main level features an open concept living and dining area with a gas fireplace and clear views of the lake. The kitchen has been updated with new countertops, providing a refreshed and practical workspace. A bright sunroom offers a great spot for morning coffee or additional seating. Upstairs includes two bedrooms, a four piece bathroom, and convenient laundry. The lower level provides a spacious rec room, a newer three-piece bathroom, and additional storage. Recent updates include a Generac generator, updated electrical panel, newly paved and widened driveway, and a new patio door. A detached garage adds extra storage for vehicles or waterfront equipment. Enjoy a quiet setting with direct access to Lake Simcoe, book your showing today!
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Pricing & Value Insights
Data-driven valuation for 31 O'Connell Lane, Oro-Medonte, ON L0L 2E0
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About Purchasing a Home in Oro-Medonte, ON
For a property listed at $1,299,900 in Oro-Medonte, the legal minimum down payment is $259,980 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 $22,473 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 $22,473.
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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.