8 JERMEY Lane, Oro-Medonte, ON

$1,119,000
MLS#:S12084352
3 beds
4 baths
1500-2000 sqft
10.0 parking
Residential Freehold
8 JERMEY Lane, Oro-Medonte, ON L0L 1T0
⚠️

Property no longer active

This property was sold on April 15, 2025. 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 vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $1,119,000 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 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 66.75 x 71.93 ft lot
  • Features a walk-out, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Brick Bungalow with attached double car garage large paved circular drive located in Sprucewood Estates, on a very private treed lot. Prime Location just off of Old Barrie Rd in Oro-Medonte, between Orillia and Barrie. Stunning entrance with ceramics, hardwood floors on main level in absolute mint condition. Kitchen with maple cupboards, center island and granite counter tops, cathedral ceiling with pot lighting, living room w/gas fireplace, 2 walkouts to large 47'x10' wrap around composite deck w/glass panel railings. Master bedroom with walk-in closet and gorgeous 4pc ensuite. Den with built-in cabinets and desk. Main floor has additional 3 pc bath and laundry room with additional 2pc bath and exit door to backyard. Lower level recently finished in stunning high quality materials with oak bar, 3pc bath, bedroom, games room, family room w/ electric fireplace and exceptional quality laminate flooring throughout. Basement has walkout to ground level. Very impressive, you will not be disappointed. Just a pleasure to show potential buyers Come view this property! All window coverings included. Walkouts have phantom screens, Utility shed, covered enclosure, 18 Kilowatt generator included. Electrical room/furnace room(13x13) Forced Air Propane furnace, central vac. outside shower unit. Attached Garage.30'x24' Massive circular paved driveway with lots of parking. Evestrough have Leaf filter installed. This property has 3 full bathrooms, plus a 2 piece bath. Two baths on the main floor with one additional 2 pc bath & one full bathroom in the basement level. One acre lot- lot size 219 ft frontage, 236 feet depth. Property has underground irrigation system for timed watering, water softener system included with filtration system. New UV system just installed. New pressure pump just installed. 18 Kilowatt Generator powers the entire house, utility shed plus covered shed.

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Property Summary

This detached home located at 8 JERMEY Lane, Oro-Medonte is currently for sale and has been available on SousaSells for 481 days. This property is listed at $1,119,000 with an estimated mortgage of $3,725* per month. It has 3 beds, 4 bathrooms, and is 1500-2000 square feet. 8 JERMEY Lane, Oro-Medonte is in the Rural Oro-Medonte neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Rural Oro-Medonte, Oro-Medonte.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 4 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Oro-Medonte.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 15, 2025
Sold price information is available to members only
Listed Date4/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Brick
BasementWalk-Out, Finished
Lot Size66.75 × 71.93 Metres
CountySimcoe
Annual Tax$4,456.92
Legal DescriptionPCL Plan-1 Sec 5IM535, LT 22, Plan 5IM535 Oro; Oro-Medonte

Parking & Garage

Parking Total10.0
Parking Space8
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Auto Garage Door Remote
  • Carpet Free
  • Central Vacuum
  • Primary Bedroom - Main Floor
  • Sump Pump
  • Water Heater
  • Water Purifier

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 8 JERMEY Lane, Oro-Medonte, ON

Q.What is the asking price for 8 JERMEY Lane, Oro-Medonte, ON ?

The current listing price for 8 JERMEY Lane, Oro-Medonte, ON in Rural Oro-Medonte, Oro-Medonte is $1,119,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 8 JERMEY Lane, Oro-Medonte, ON ?

8 JERMEY Lane, Oro-Medonte, ON is a Detached (Bungalow) featuring a Walk-Out, Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Carpet Free, Central Vacuum, Primary Bedroom - Main Floor, Sump Pump, Water Heater, Water Purifier.

Q.What security features are installed at 8 JERMEY Lane, Oro-Medonte, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 10.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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8 JERMEY Lane, 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 8 JERMEY Lane, Oro-Medonte, ON L0L 1T0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$335,700 (30.0%)
* Minimum Canadian down payment required for this price is $223,800.
Amortization Period30 Years
Estimated Monthly Payment$3,725Based on a loan of $783,300 over 30 years.
Purchase Price$1,119,000
Loan Amount$783,300
Provincial Land Transfer Tax:$18,855
Total Estimated Closing Taxes:$18,855

About Purchasing a Home in Oro-Medonte, ON

For a property listed at $1,119,000 in Oro-Medonte, the legal minimum down payment is $223,800 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 $18,855 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 $18,855.

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Rural Oro-Medonte, Oro-Medonte Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Oro-Medonte, Oro-Medonte.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,905,106

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%

Best Schools in Rural Oro-Medonte, Oro-Medonte

Elementary Schools

Guthrie
Public22 Highway 11, Oro-Medonte, Ontario, L0L 2E0
7.2

Secondary Schools

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Rural Oro-Medonte, Oro-Medonte Demographic Home information

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.