
This property was sold on November 30, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable vacant land located in the coveted neighborhood of Shanty Bay. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $650,000 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.
Welcome to 358 Shanty Bay Road located in the super desirable North Shores of Kempenfelt Bay surrounded by multi million dollar homes! This is the perfect private property where you can build your dream home nestled on the 2.366AC hilltop building lot that offers seasonal views of the bay. This property is one in a million offering a truly incredible opportunity to the future owner. There is a dedicated driveway off shanty bay road for this property separate from the adjacent home. See attachments for full list of property features and the permitted uses based on the current zoning. Minutes to the beach, downtown barrie, the hospital and all the amenities yet are fortunate to be in the township of Oro and pay approx. 1/2 the property taxes that you would if you lived in Barrie. There is an established transferable entry permit from the Simcoe of County and fire route number. Vendor may consider a Seller Take Back Mortgage
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This vacant land located at 358 Shanty Bay Road, Oro-Medonte is currently for sale and has been available on SousaSells for 693 days. This property is listed at $650,000 with an estimated mortgage of $2,164* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 358 Shanty Bay Road, Oro-Medonte is in the Shanty Bay neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Shanty Bay, Oro-Medonte.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 358 Shanty Bay Road, Oro-Medonte, ON in Shanty Bay, Oro-Medonte is $650,000.
This property features 0 bedrooms and 0 bathrooms.
358 Shanty Bay Road, Oro-Medonte, ON is a Vacant Land () featuring a basement.
Interior highlights include: None.
Heating is provided via standard central heat and cooling via .
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 358 Shanty Bay Road, Oro-Medonte, ON L4M 1E7
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 $650,000 in Oro-Medonte, the legal minimum down payment is $40,000 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 $9,475 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 $9,475.
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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.