98 Lakeshore Rd W

FOR SALE
$699,900
98 Lakeshore Rd W, Oro-Medonte
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
98 Lakeshore Rd W
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
S9399326
MLSID
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Property Description
This 2-bedroom, 1-bathroom bungalow is perfect for first-time buyers or those looking to downsize. Located on a 92 x 150 lot, its within walking distance to the lake and Shelswell Park.The living room features a gas fireplace, and the updated kitchen includes quartz countertops. A new well and septic system were installed approx 8 years ago, and the home has a durable metal roof. The attached garage provides plenty of storage space.Schedule a showing today to see this comfortable, move-in ready home!
Property Details
Property Type
Detached, Bungalow
Lot Size
92' x 150'
Fronting
North
Taxes
$2,314 (2023)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Well
Parking Spaces
12
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain12.66' x 8.92'
DiningMain12.66' x 7.91'
LivingMain10.83' x 20.57'
Prim BdrmMain7.74' x 11.68'
BrMain7.74' x 9.84'
Oro-Medonte Market Statistics
Oro-Medonte Price Trend
98 Lakeshore Rd W is a 2-bedroom 1-bathroom home listed for sale at $699,900, which is $589,385 (45.7%) lower than the average sold price of $1,289,285 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom home in Oro-Medonte increased by $500,535 (63.5%) compared to the previous 30 day period (September 1 - September 30) and up $529,285 (69.6%) from the same time one year ago.
Inventory Change
There were 10 2-bedroom homes listed in Oro-Medonte over the last 30 days (October 1 - October 30), which is down 16.7% compared with the previous 30 day period (September 1 - September 30) and up 42.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Oro-Medonte typically sold ($61,128) (4.7%) below asking price over the last 30 days (October 1 - October 30), which represents a $39,128 decrease compared to the previous 30 day period (September 1 - September 30) and ($38,500) less 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 (October 1 - October 30) stood at 70.0%, up from 66.7% over the previous 30 days (September 1 - September 30) and down from 71.4% 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 25 days when successfully sold over the last 30 days (October 1 - October 30), compared to 52 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 B.J. Roth Realty Ltd.
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