1016 Lakeshore Dr E

FOR SALE
$1,599,000
1016 Lakeshore Dr E, Oro-Medonte
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
1016 Lakeshore Dr E
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3 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
S10433020
MLSID
Contact Us
Property Description
Situated on a half an acre: this spacious bungalow is right across from the water & boat launch with views of Lake Simcoe! With 10 Mins to Orillia, its the perfect location to put down roots. This home is absolutely stunning! Meticulously hand crafted with exceptional architecture and design. The attention to detail is beyond impressive. Everything from the herringbone inlay on the hardwood floors at the entrance way, Cathedral ceiling, 8 ft doors for an elevated design and custom walnut millwork and cabinetry throughout the entire home. The home is not only turn key but could also be your dream home! This house was built using ICF (insulated concrete forms) will allow your bills to stay low as easily retain heat in winter and A/C in summer. No design detail was left unturned, even outside as the entrance stairs leading to your front door are a great example of this with their modern look to compliment the black brick exterior. Feeling creative?... the partially finished basement boasts an extra two bedrooms and a bathroom plus a very large rec room for you to put your touch on. With plenty of space to put a pool in the backyard, you can enjoy it from our oversized covered back deck. This home is absolutely for gorgeous, like something out of a design magazine..don't miss your chance to get into your dream home before its gone.
Extras
See attached upgrade list.
Property Features
Beach, Lake Access, Marina, School Bus Route
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
99' x 200'
Fronting
North
Taxes
$6,045 (2024)
Basement
Part Fin
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
5
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain10.83' x 13.98'Centre Island, Eat-In Kitchen
Great RmMain25.92' x 18.70'Vaulted Ceiling, Open Concept, Cathedral Ceiling
OfficeMain12.80' x 11.81'
Prim BdrmMain14.76' x 21.65'Ensuite Bath
2nd BrMain12.80' x 11.81'
3rd BrMain12.80' x 11.81'
MudroomMain10.83' x 15.42'W/O To Garage
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
1016 Lakeshore Dr E is a 3-bedroom 4-bathroom home listed for sale at $1,599,000, which is $1,001,821 (167.8%) higher than the average sold price of $597,179 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in Oro-Medonte declined by $170,838 (22.2%) compared to the previous 30 day period (November 18 - December 17) and down $374,321 (38.5%) from the same time one year ago.
Inventory Change
There were 21 3-bedroom homes listed in Oro-Medonte over the last 30 days (December 18 - January 16), which is down 40.0% compared with the previous 30 day period (November 18 - December 17) and up 320.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oro-Medonte typically sold ($14,776) (2.5%) below asking price over the last 30 days (December 18 - January 16), which represents a $13,424 increase compared to the previous 30 day period (November 18 - December 17) and ($41,000) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Oro-Medonte over the last 30 days (December 18 - January 16) stood at 185.7%, up from 80.0% over the previous 30 days (November 18 - December 17) and up from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Oro-Medonte stood at 43 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Rcr Realty
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