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.
Exceptional opportunity in the heart of Oro-Medonte. This approx 33 AC property offers a unique combination of usable acreage, existing improvements, natural features & future potential - ideal for those looking to create a private country estate with home occupation, hobby farm, recreational retreat or other permitted use. The property features a completed 36'x60' drive-in shop/shed with approx. 16' pitched ceilings, insulated overhead doors measuring 16'Wx14'H & 10'Wx10'H, an in-floor heating system installed over 4" of high-density foam insulation. The south-facing roof has a 45-degree pitch, providing potential suitability for additional solar installation. Septic system is already installed on site, while hydro & other utilities are located at or near the lot line. There is currently no water service or well on the property. Original plans contemplated the construction of a 3,000SF residence (foundation area has already been excavated for a potential structure). A previously issued zoning certificate/approval (may be expired/require verification, updating, re-approval with the appropriate authorities prior to construction). Buyers are responsible for satisfying themselves regarding all existing improvements, permits, approvals, future development FOR THEIR INDIVIDUALLY INTENDED USE. Beyond the main cleared area, established trails run through the property toward its southern boundary, where a natural water feature creates a private & attractive recreational setting, which could be an ideal location for a future cabin, bunkie, play area, outdoor entertaining space or private retreat, subject to applicable zoning / approvals. Located north of Lake Simcoe Regional Airport, within quick drive to Barrie, Orillia & Horseshoe Valley. Property also benefits from nearby access to Hwy 11 via the Line 7 overpass. A rare opportunity to acquire a great parcel with significant infrastructure in place & the flexibility to create a truly unique rural property in Oro-Medonte.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$4,924/mo
Mortgage (principal + interest)$4,845
Property taxFrom listing: $950/yr$79
Minimum $104,500 down for this price; the slider moves in whole percent, starting at 9%. 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$259,000
Ontario land transfer taxProvincial brackets, no first-time refund$22,375
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$284,175
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
