$749,000

For sale

47 Moon Point Drive, Oro-Medonte - Single Family for Sale

47 Moon Point Drive, Oro-Medonte, Ontario, L3V0R8

2 beds1 bath4 parking900 ft²105 × 151 ft (15,805 sq ft) lot sizeListed 77 days ago

Overview

This 2-bedroom, 1-bathroom home in Oro-Medonte is for sale offering roughly 900 sq ft of space. Listed at $749,000, it is attractively priced about 35% below the $1,149,000 median asking price in Oro-Medonte. It has been on the market 77 days, fresher than the Oro-Medonte average of 89 days.

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Description

The Lot. The Location. The Lake. Prime Lake Simcoe Waterfront On A Sought-After Stretch Of Shoreline, Offering Over 100 Feet Of Pristine Frontage With Crystal-Clear Water, Natural Rocky Shoreline, And A Hard Sandy/Rock Bottom Ideal For Swimming, Boating, And Enjoying Lake Life. Whether You Choose To Enjoy The Existing Cottage, Renovate, Expand, Or Build New, This Property Presents An Opportunity To Create Your Ideal Lakefront Retreat In An Area Known For Luxury Redevelopment, With The True Value Found In The Exceptional Lot And Location. The Property Is Being Offered In Its Current Condition, With Hydro And High-Speed Internet In Place, Natural Gas Available At The Street For Future Use, And An Existing Septic System On Site. Peaceful Setting Just Minutes To Orillia For Amenities, Dining, And Hospital Access, Offering A Premium Piece Of Lake Simcoe Shoreline To Bring Your Vision To Life. (id:66096)

Property Details

MLS®: S13690360
Property Type: Single Family
Zoning: SR2
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 105 × 151 ft (15,805 sq ft)
Frontage: 105 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full, Walk out
Heating: Forced air, Electric
Cooling: None
Garage: No Garage
Waterfront: Yes
Ownership

Rooms

Upper Level

Living room: 4.26 x 2.44 meters
Kitchen: 4.26 x 1.82 meters
Bedroom: 3.09 x 2.47 meters

Lower level

Bedroom 2: 7.32 x 3.66 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Range, Oven, Microwave, Water Heater
Flooring: Vinyl
Foundation: Block
Exterior: Wood
Lot Features: Wooded area, Irregular lot size, Sloping

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

77d

Oro-Medonte listings, avg age

89d

Price / ft²

$832

List price

$749K

Haho

This 2-bed single family in Oro-Medonte has been listed for 77 days, which is 12 days fresher than the city average of 89. Act while there is still low competition.

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Listed by LPT REALTY · JENNIFER JONES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $749,000, about 9.7× the local median household income of $77,500.

Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 89% above the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$749,000· $832/ft²

For sale

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Full Cost Breakdown

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Down Payment6.66% · $49,900.00

Min 6.66%50%

Mortgage payment$3,876/mo

↳ CMHC premium ($27,964 capitalized)

Property tax (est.)$368/mo

Total monthly$4,244

Cash Needed to Close

Down payment (6.66%)$49,900

Land transfer tax$11,455

Est. closing costs$4,747

Total cash needed$66,102

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