$414,750

For sale

#2094-2095 90 Highland Drive, Oro-Medonte (Horseshoe Valley) - Single Family for Sale

#2094-2095 90 Highland Drive, Oro-Medonte (Horseshoe Valley), Ontario, L0L2L0

2 beds2 baths1 parking1,500 ft²$1,221/mo condo feeListed 14 days ago

Overview

This 2-bedroom, 2-bathroom condo in Oro-Medonte is for sale offering roughly 1,500 sq ft of space. Listed at $414,750, it is attractively priced about 8% below the $449,000 median asking price in Oro-Medonte. It has been on the market 14 days, fresher than the Oro-Medonte average of 57 days.

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Description

Two living spaces. One unique opportunity in Horseshoe Valley. This spacious 2-bedroom, 2-bathroom condo offers a versatile two-residence configuration, providing flexibility for personal use, extended family, guests or potential rental income. The main living area features an open-concept kitchen, dining and living space with a gas fireplace, private bedroom with ensuite and access to the outdoor deck, while the adjoining space offers its own bedroom, bathroom, kitchenette and living area. Located at 90 Highland Drive in the heart of Horseshoe Valley, enjoy a four-season lifestyle surrounded by skiing, golf, trails and outdoor recreation, with access to the condominium's recreation amenities. Whether you're looking for a full-time home, weekend escape or an investment opportunity, this property's flexible layout offers possibilities that a traditional condo simply can't. Vacant and ready for its next owner. (id:66096)

Property Details

MLS®: S14104710
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Pool: Yes
Condo Fee: $1,221/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,603.46/yr

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Wood
Lot Features: Wooded area, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Oro-Medonte (Horseshoe Valley) listings, avg age

57d

Price / ft²

$277

List price

$415K

Haho

This 2-bed single family in Oro-Medonte (Horseshoe Valley) has been listed for 14 days, which is 43 days fresher than the city average of 57. Act while there is still low competition.

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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE · MANIVA ARMSTRONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0L)

This home lists at $414,750, about 3.9× the local median household income of $106,000.

Carrying it typically needs a household income of about $81,015 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $106,000
Population: 42,022
Median age: 46.8
Owner / renter: 89% / 11%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L0L)

$414,750· $277/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,737.50

Min 5%50%

Mortgage payment$2,184/mo

↳ CMHC premium ($15,761 capitalized)

Property tax (est.)$300/mo

Condo fee$1,221/mo

Total monthly$3,706

Cash Needed to Close

Down payment (5%)$20,738

Land transfer tax$4,770

Est. closing costs$3,744

Total cash needed$29,252

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