The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Charming country home and workshop, for sale in sought after Shanty Bay, Ontario. Minutes from Barrie, Hwy 11 and 400, this location can't be beat. Recently upgraded and renovated home with breathtaking deck overlooking terraced gardens and magnificent trees offering privacy and a sense of nature. The workshop has street level exposure for commercial pursuits or not, (this has been an art studio and gallery for several years.) The new Shanty Bay public school is due to open in Sept. 2027, Lake Simcoe very close for swimming and boating, many hiking trails and the rail trail very close by. The workshop (350 sq. ft.) features wide planked very old wooden floors, electrical panel, many windows. The basement of that building, also 350 sq. feet can be used for storage. The exterior stucco has been painted, new deck, stairs and railings, upgraded eaves trough with leaf guard, cedar rail fence, new retaining wall. Major renovation includes wall insulation replacements, chimney restoration and new plumbing for gas inserts, nearly all windows and doors replaced. The kitchen cupboards have been modified. Repainted, and added a dishwasher, new countertop. Cherry hardwood floors have been installed throughout most of the main floor, angel stone fireplace in the flagstone wall, beamed ceiling matches floors, main floor bath completely renovated. 2nd floor master bedroom with gas insert fireplace, new maple hardwood flooring, and a renovated 4 piece ensuite bathroom. Do whatever you'd like in the unfinished basement, with 8' ceiling and a walk out to the backyard, large windows flood that space with light. Energy efficiency has been improved with new attic insulation, 2 upgraded electrical panels, and many electrical upgrades throughout, like replacing the ceiling and adding pot lights in the dining/kitchen area. Consider this unbeatable location, in a home full of charm, while enjoying the access to every modern convenience. Click brochure link for more details.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,205/mo
Mortgage (principal + interest)$2,992
Property taxFrom listing: $2,547/yr$212
Minimum $54,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$159,980
Ontario land transfer taxProvincial brackets, no first-time refund$12,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$175,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Oro-Medonte has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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