149 Eight Mile Point Rd
Rural Oro-Medonte, Oro-Medonte, L3V 6H1
FOR SALE
$1,999,000
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BEDROOMS2
BATHROOMS1
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Property Description
The Muskoka of Lake Simcoe*One of the most desirable locations on the lake*South-West exposure for beautiful sunsets*Level lot with slight slope to water with rocky, sandy hard bottom*Great for boaters and swimmers alike*Mature trees with 77 ft frontage*3 bedrooms, 2 baths, beautiful stone fireplace in livingroom*Upgraded septic system*Use as cottage or Reno for a year round home*Easy access to Orillia for shopping, hospital, restaurants etc.*Convenient drive from GTA* Across the street is 62 acres of parkland owned and enjoyed by waterfront owners association with trails for walking, cross country skiing etc*Two waterfront tennis courts are also part of the association*Minutes to the Simcoe rail trail to enjoy walking, running, cycling and snowmobiling*
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Property Features
Lake Access, Lake Backlot, Waterfront
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
77' x 212'
Fronting
South
Taxes
$5,373 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding, Wood
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Well
Parking Spaces
5
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 18.01' x 20.01' | Fireplace |
| Kitchen | Main | 10.01' x 16.99' | |
| Den | Main | 12.01' x 14.01' | |
| Prim Bdrm | Main | 10.99' x 10.01' | |
| 2nd Br | Main | 10.01' x 10.01' | |
| 3rd Br | Main | 10.99' x 8.99' |
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Oro-Medonte Market Statistics
Oro-Medonte Price Trend
149 Eight Mile Point Rd is a 3-bedroom 2-bathroom home listed for sale at $1,999,000, which is $1,128,715 (129.7%) higher than the average sold price of $870,285 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Oro-Medonte declined by $152,937 (14.9%) compared to the previous 30 day period (February 29 - March 29) and down $379,506 (30.4%) from the same time one year ago.Inventory Change
There were 30 3-bedroom homes listed in Oro-Medonte over the last 30 days (March 30 - April 28), which is down 0.0% compared with the previous 30 day period (February 29 - March 29) and up 25.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oro-Medonte typically sold ($14,018) (1.6%) below asking price over the last 30 days (March 30 - April 28), which represents a $15,359 increase compared to the previous 30 day period (February 29 - March 29) and ($129,490) 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 (March 30 - April 28) stood at 70.0%, up from 60.0% over the previous 30 days (February 29 - March 29) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oro-Medonte stood at 26 days when successfully sold over the last 30 days (March 30 - April 28), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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