17 Palm Beach Rd

FOR SALE
$1,499,000
17 Palm Beach Rd, Oro-Medonte
17 Palm Beach Rd
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 2
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S8458776
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Property Description
Top 5 Reasons You Will Love This Home: 1) Presenting this rare opportunity to own a sprawling, beautiful waterfront property with a 4-season home or cottage, a spacious boat house, and 61' of waterfrontage 2) Natural light floods the open-concept main living space with peaked ceilings, beautiful wood panelling, and a wood-burning fireplace, creating a warm and inviting atmosphere 3) Two spacious bedrooms on the main level accommodated by the main 4-piece bathroom, and one bedroom in the finished basement with an additional full bathroom 4) Stunning views of Lake Simcoe with a private boat launch and a boat house with extra living space 5) Private paradise on 0.8 acres at the end of a cul-de-sac surrounded by mature trees, with ample greenspace, a serene creek running between the home and neighbouring property, and located near amenities and one hour north of the Greater Toronto Area. 1,849 fin.sq.ft. Age 39. Visit our website for more detailed information.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-09 2024-06-19 41 $1,579,000 - Terminated
2023-07-18 2023-10-17 91 $1,588,000 - Expired
2022-07-29 2022-11-03 97 $1,799,000 - Terminated
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Acreage
.50-1.99
Fronting
East
Taxes
$5,747 (2023)
Basement
Finished, Walk-Up
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain9.74' x 14.27'Eat-In Kitchen, Hardwood Floor, W/O To Deck
LivingMain17.29' x 18.67'Hardwood Floor, Open Concept, French Doors
Prim BdrmMain11.09' x 16.54'Hardwood Floor, Window
2nd BrMain10.14' x 13.48'Hardwood Floor, Window, W/O To Yard
RecBsmt18.24' x 25.89'Window
BrBsmt12.76' x 15.55'Walk-Up
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
17 Palm Beach Rd is a 2-bedroom 2-bathroom home listed for sale at $1,499,000, which is $714,000 (91.0%) higher than the average sold price of $785,000 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Oro-Medonte declined by $405,000 (34.0%) compared to the previous 30 day period (July 22 - August 20) and down $725,833 (48.0%) from the same time one year ago.
Inventory Change
There were 10 2-bedroom homes listed in Oro-Medonte over the last 30 days (August 21 - September 19), which is up 11.1% compared with the previous 30 day period (July 22 - August 20) and down 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oro-Medonte typically sold ($20,666) (2.6%) below asking price over the last 30 days (August 21 - September 19), which represents a $16,366 decrease compared to the previous 30 day period (July 22 - August 20) and ($54,500) 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 2-bedroom homes in Oro-Medonte over the last 30 days (August 21 - September 19) stood at 60.0%, up from 33.3% over the previous 30 days (July 22 - August 20) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Oro-Medonte stood at 144 days when successfully sold over the last 30 days (August 21 - September 19), compared to 104 days before being removed from the market upon being suspended or terminated.
Listing contracted with Faris Team Real Estate
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