27-31 Bay St

FOR SALE
$4,499,900
27-31 Bay St, Oro-Medonte
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
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27-31 Bay St
27-31 Bay St
27-31 Bay St
27-31 Bay St
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
S8245562
MLSID
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Property Description
WATERFRONT! Welcome to 27 Bay Street and 31 Bay Street being both a waterfront lot with luxury custom residence and the adjacent building lot, also waterfront. This exquisite location with southern exposure hosts a spectacular home featuring over 3600 sq ft of finished living space with over 200' of water frontage, and includes the adjacent building lot. You will find this home to be tastefully designed with high-end finishes and tasteful crisp, decor throughout. Private spaces include three bedrooms and 4 bathrooms, plus a bright and airy den for home office, study zone, reading nook, hobbies or multi-media use. This home shines with natural light, and is finished from top to bottom - with a focus on the amazing view from all levels! Peaceful and private, yet only a short 10 min drive into Barrie, and less than an hour to the GTA. There are endless water views throughout this home with oversized windows in each room to appreciate the valued southern exposure on Lake Simcoe. Huge backyard and adjacent lot are ready for outdoor fun, or for a future in-ground pool. Waterfront amenities included such as a new dry boathouse. Minutes to the all season recreation that Simcoe County is known for - golf, water fun, boating, hiking, biking, Simcoe County Trails, camping, ski/skate trails, and downhill skiing venues for all levels. Easy access to key commuter routes north and south - approx. 10 Minutes To Royal Victoria Hospital and Georgian College - Less Than An Hour To the GTA. All the amenities needed for a busy lifestyle can be found in Barrie and Orillia - food, entertainment, shopping. Welcome to Luxury Waterfront Living on Lake Simcoe!
Extras
There is an extensive list of updates, upgrades and renovations for this unique home situated on a rare waterfront property. Every detail has been addressed - with a focus on both design and function - and of course attention to the view!
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
65' x 234'
Acreage
.50-1.99
Lot Irregularities
* Both Lots 27+31 Bay St
Fronting
South
Taxes
$12,111 (2023)
Basement
Fin W/O, Full
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain15.75' x 19.59'
FamilyMain14.93' x 19.85'
KitchenMain8.01' x 29.00'
SunroomMain14.01' x 14.99'Sliding Doors
Br2nd14.76' x 15.75'5 Pc Ensuite, Double Sink
GamesBsmt9.68' x 25.10'3 Pc Bath, W/O To Deck, Sauna
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
27-31 Bay St is a 3-bedroom 4-bathroom home listed for sale at $4,499,900, which is $3,638,269 (422.3%) higher than the average sold price of $861,631 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 3 bedroom home in Oro-Medonte declined by $211,313 (19.7%) compared to the previous 30 day period (March 2 - March 31) and down $388,160 (31.1%) from the same time one year ago.
Inventory Change
There were 30 3-bedroom homes listed in Oro-Medonte over the last 30 days (April 1 - April 30), which is up 20.0% compared with the previous 30 day period (March 2 - March 31) and up 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Oro-Medonte typically sold ($17,462) (2.0%) below asking price over the last 30 days (April 1 - April 30), which represents a $7,293 increase compared to the previous 30 day period (March 2 - March 31) 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 (April 1 - April 30) stood at 63.3%, down from 72.0% over the previous 30 days (March 2 - March 31) and up from 48.0% 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 27 days when successfully sold over the last 30 days (April 1 - April 30), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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