3267 7 Line, Oro-Medonte, ON

$889,000
MLS#:S10439276
3 beds
1 baths
1100-1500 sqft
10.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rural Oro-Medonte. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $889,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1100-1500 sqft on a premium 210 x 250 ft lot
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: Workbench, Sauna, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Nestled amidst mature trees on a generous 1.2 acres within the heart of Oro-Medonte is this resplendent brick bungalow exuding timeless charm & complete w/ modern updates, this private abode boasts 3+1 bedrooms, wood-burning sauna, a flagstone fire pit & 1200+sqft of living space. Upon entry you’re greeted w/ a luminous open-concept living space adorned w/ vaulted ceilings, skylights, & a rustic wood-burning fireplace. The culinary enthusiast is indulged by a sleek, contemporary kitchen, w/ exquisite German Nolte cabinetry crowned by quartz counters boasting a waterfall edge. High-end built in Miele & AEG appliances, alongside intelligent storage solutions, enhance this culinary haven. Step from the dining room to the deck, offering a panoramic vista of your sprawling domain, ideal for tranquil contemplation & effortless grilling. 3 bedrooms & a luxuriously appointed 3pc bathroom w/ radiant heated flooring grace the main level. Descend to the lower level to discover an inviting sanctuary awaiting your personal refinement, where a wood stove casts its warm embrace over a versatile space, encompassing a bedroom, dedicated laundry facility w/ ample storage, & workbench. A sizable room, currently a fitness & play area, offers boundless potential for personalization. Experience rural sophistication, w/ the convenience of urban amenities mere moments away; 15 mins to Barrie or Orillia, Horseshoe Valley Ski Resort awaits just 3 minutes from your doorstep. Explore Mt St Louis or embark on nautical adventures on Georgian Bay, Lake Simcoe or Couchiching all within 10-25mins. Easy access to OFSC Snowmobile Trails, ATV/Mountain Biking Trails and Hiking Trails, as well as opportunities for horseback riding. This meticulously maintained residence stands as a testament to pride of ownership, w/ recent upgrades including a steel roof, windows & doors in 2018, furnace & A/C in 2019 & Flooring in 2022.

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Property Summary

This detached home located at 3267 7 Line, Oro-Medonte is currently for sale and has been available on SousaSells for 745 days. This property is listed at $889,000 with an estimated mortgage of $2,959* per month. It has 3 beds, 1 bathroom, and is 1100-1500 square feet. 3267 7 Line, 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

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementUnfinished, Full
Lot Size210 × 250 Feet
CountySimcoe
Annual Tax$2,878
Legal DescriptionPT LT 1 CON 8 ORO AS IN RO1371479; ORO-MEDONTE

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf

Interior Features

Workbench, Sauna, Water Heater Owned

Security Features

Community Features

Location

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3267 7 Line, 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 3267 7 Line N, Oro-Medonte, ON L0L 2E0

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oro-Medonte.

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Interest Rate4.00%
Down Payment$266,700 (30.0%)
* Minimum Canadian down payment required for this price is $63,900.
Amortization Period30 Years
Estimated Monthly Payment$2,959Based on a loan of $622,300 over 30 years.
Purchase Price$889,000
Loan Amount$622,300
Provincial Land Transfer Tax:$14,255
Total Estimated Closing Taxes:$14,255

About Purchasing a Home in Oro-Medonte, ON

For a property listed at $889,000 in Oro-Medonte, the legal minimum down payment is $63,900 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 $14,255 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 $14,255.

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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.