466 Line 2 Line, Oro-Medonte, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Rural Oro-Medonte. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $695,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 330 x 600 ft lot size
Description
Build your dream home AND your dream shop! 5.9 acres being offered for sale with a section of the property zoned IR allowing for flexibility in building a small service shop or light industrial uses along side your dream home. All development charges, fees etch. are the responsibility of the buyer. Natural gas easement runs through the side of the property. Note: newly formed land boundaries for this property and taxes are roughly $2,800 per year. Seller will consider VTB with strong down payment and will consider investment property trade/exchange.
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Property Summary
This vacant land located at 466 Line 2 Line, Oro-Medonte is currently for sale and has been available on SousaSells for 90 days. This property is listed at $695,000 with an estimated mortgage of $2,313* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 466 Line 2 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 466 Line 2 Line, Oro-Medonte, ON L0L 2L0
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 $695,000 in Oro-Medonte, the legal minimum down payment is $44,500 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 $10,375 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 $10,375.
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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.