98 Lakeshore Rd W
Rural Oro-Medonte, Oro-Medonte, L0L 2E0
FOR SALE
$699,900
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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!
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Property Details
Street
Community
City
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 12.66' x 8.92' | |
Dining | Main | 12.66' x 7.91' | |
Living | Main | 10.83' x 20.57' | |
Prim Bdrm | Main | 7.74' x 11.68' | |
Br | Main | 7.74' x 9.84' |
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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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