481 Lakeshore Road, Oro-Medonte, ON
Property no longer active
This property was sold on September 9, 2024. This listing is for reference purposes only. to view the sold price.
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 $749,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 100 x 200 ft lot
- 6.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with window unit(s) central cooling and highly efficient baseboard heating via electric
Description
Charming Lakeside Retreat at 481 Lakeshore Road East, Oro-Medonte! This captivating lakeside property is nestled in the serene and picturesque region of Oro-Medonte. This charming residence offers a perfect blend of tranquility and modern comfort, making it an ideal retreat for those seeking a peaceful escape or a year-round home.This well-designed home boasts generous living spaces, including a cozy living room with large windows that frame the stunning lake views. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting environment for gatherings and relaxation.The home includes 2 generously sized bedrooms designed with comfort and privacy in mind. Step outside to discover a beautifully landscaped yard, both front and back. Perfect for outdoor activities and alfresco dining providing an ideal spot to unwind, entertain, or simply enjoy the natural beauty of your surroundings. Multiple sheds and bunkie on the property offer opportunities for hobbyists to unleash their creativity in the comfort of their own home. Lifestyle in Oro-Medonte is unmatched with access to a variety of recreational activities, including hiking trails, golf courses, and local beaches. The areas natural beauty and community feel provide a welcoming atmosphere for residents and visitors alike. This home is perfect for first time home-buyers, small families and down-sizers alike. You won't want to miss it!
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Property Summary
This detached home located at 481 Lakeshore Road, Oro-Medonte is currently for sale and has been available on SousaSells for 720 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 2 beds, 1 bathroom, and is 1100-1500 square feet. 481 Lakeshore Road, Oro-Medonte is in the Rural Oro-Medonte 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 Rural Oro-Medonte, Oro-Medonte.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1100-1500 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 481 Lakeshore Road, Oro-Medonte, ON
Q.What is the asking price for 481 Lakeshore Road, Oro-Medonte, ON ?
The current listing price for 481 Lakeshore Road, Oro-Medonte, ON in Rural Oro-Medonte, Oro-Medonte is $749,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 1100-1500 sqft.
Q.What property type and architectural style is 481 Lakeshore Road, Oro-Medonte, ON ?
481 Lakeshore Road, Oro-Medonte, ON is a Detached (Bungalow) featuring a None basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 481 Lakeshore Road E, Oro-Medonte, ON L0L 2E0
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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 $749,000 in Oro-Medonte, the legal minimum down payment is $49,900 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 $11,455 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 $11,455.
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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.