481 Lakeshore Rd E

FOR SALE
$724,899
481 Lakeshore Rd E, Oro-Medonte
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
481 Lakeshore Rd E
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
S12013260
MLSID
Contact Us
Property Description
Top 5 Reasons You Will Love This Home: 1) Nearly half-acre property boasting breathtaking views of Lake Simcoe, with the added convenience of double road access from both the front and back 2) Enjoy a cozy dining room with lake views, a seamless open-concept living, dining, and kitchen area perfect for hosting, plus two comfortable bedrooms for rest and relaxation and a gas fireplace as the main source of heating 3) Thoughtfully landscaped front and backyard providing the perfect setting for outdoor dining, entertaining, or simply unwinding in nature, along with a detached 10'x8' workshop with hydro and a separate art studio offering a versatile space for hobbies, storage, or creative pursuits 4) Just steps from Lake Simcoe, this home is ideally situated near golf courses, local beaches, scenic hiking trails, and a boat launch, making it an excellent choice for year-round living or a peaceful cottage retreat 5) Added benefit of additional inclusions such as a riding lawnmower, portable generator, swings, Muskoka chairs, firepit, and more, so you can start enjoying your lakeside escape right away. 1,337 fin.sq.ft. Age 69. Visit our website for more detailed information. *Please note some images have been virtually staged to show the potential of the home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2025-01-20 2025-02-03 14 $769,999 - Terminated
2024-08-16 2024-09-06 21 $749,000 $715,000 Sold
Property Features
Beach, Lake/Pond, Park
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
100' x 201'
Acreage
< .50
Fronting
South
Taxes
$2,674 (2024)
Basement
Crawl Space, Unfinished
Exterior
Wood
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
None
Water
Well
Parking Spaces
7
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain13.45' x 14.01'Ceramic Floor, Breakfast Bar, Window
DiningMain12.53' x 13.29'Vinyl Floor, Open Concept, Large Window
LivingMain12.86' x 13.29'Vinyl Floor, Gas Fireplace, W/O To Yard
Prim BdrmMain10.24' x 20.01'Laminate, Closet, Window
BrMain9.97' x 13.29'Laminate, Closet, Window
LaundryMain5.58' x 7.05'Ceramic Floor, Laundry Sink, W/O To Yard
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
481 Lakeshore Rd E is a 2-bedroom 1-bathroom home listed for sale at $724,899, which is $110,101 (13.2%) lower than the average sold price of $835,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Oro-Medonte increased by $835,000 () compared to the previous 30 day period (December 22 - January 20) and up $295,000 (54.6%) from the same time one year ago.
Inventory Change
There were 12 2-bedroom homes listed in Oro-Medonte over the last 30 days (January 21 - February 19), which is up 140.0% compared with the previous 30 day period (December 22 - January 20) and up 71.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oro-Medonte typically sold ($15,950) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $792,050 increase compared to the previous 30 day period (December 22 - January 20) and ($29,900) 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 (January 21 - February 19) stood at 33.3%, up from 20.0% over the previous 30 days (December 22 - January 20) and up from 14.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Oro-Medonte stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Faris Team Real Estate
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