625 12 Line, Oro-Medonte, ON
Property no longer active
This property was sold on September 17, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Rural Oro-Medonte. Expertly crafted featuring premium stucco (plaster) and wood construction, this residence presents an exceptional opportunity offered at $869,999 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.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Premium 489.17 x 489.17 ft lot size
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Separate Heating Controls
- equipped with window unit(s) central cooling and highly efficient forced air heating via oil
Description
Looking for a unique property? This could be the one! Recently severed Lot from the original farm, this property includes the original farm house with legal 1 bedroom apartment with separate entrance, an inground pool, pool house (with electricity), the original cattle barn, a large 35'X28' drive shed, all on an easily manageable 3.8 acres. Ideal for a hobby farm or an artisan's retreat. Brick structure attached to the barn has had many purposes over the decades, would be ideal for an office or retail space, showcasing artisan's creations. The existing large barn also provides as many possibilities to repurpose for different livestock or clear out to create a workshop, a storage building or possibly a barndominium. Have you heard of those? Your new home has the added benefit of potential rental income from the apartment to offset a portion of the mortgage. Or a great 2nd unit ideal for extended family. If not for your primary residence, consider as a wonderful 2nd home / recreational property to escape to, your getaway from the hustle and bustle of the big city. This is a character filled, spacious home, with an existing older fireplace in the living room and original hardwood floors, also into the dining room. Adjacent to the living room, a large bedroom, ideally located on the main floor, to accommodate family member(s) with limited mobility, or repurpose as a family room. Home is complete with 2 water heaters to accommodate all.
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Property Summary
This duplex located at 625 12 Line, Oro-Medonte is currently for sale and has been available on SousaSells for 749 days. This property is listed at $869,999 with an estimated mortgage of $2,896* per month. It has 6 beds, 3 bathrooms, and is unknown square feet. 625 12 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.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Rural Oro-Medonte, Oro-Medonte.
- •6 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •Desirable Duplex architecture in Rural Oro-Medonte, Oro-Medonte
Growing families needing multi-bedroom flexibility and space in Rural Oro-Medonte, Oro-Medonte.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Heating Controls
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 625 12 Line, Oro-Medonte, ON
Q.What is the asking price for 625 12 Line, Oro-Medonte, ON ?
The current listing price for 625 12 Line, Oro-Medonte, ON in Rural Oro-Medonte, Oro-Medonte is $869,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 3 bathrooms.
Q.What property type and architectural style is 625 12 Line, Oro-Medonte, ON ?
625 12 Line, Oro-Medonte, ON is a Duplex (2-Storey) featuring a Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Heating Controls.
Q.Is parking available at this property?
Yes, this property offers parking space for 8.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Oil and cooling via Window Unit(s).
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Pricing & Value Insights
Data-driven valuation for 625 12 Line N, Oro-Medonte, ON L0L 1T0
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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 $869,999 in Oro-Medonte, the legal minimum down payment is $62,000 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 $13,875 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 $13,875.
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