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Price Change$575,000

71 Lakeshore Road E

Rural Oro-Medonte, Oro-Medonte

$529,000

Detached|Bungalow
2 | 1 | 3
About this home

Welcome To Your Perfect Fresh Start In Beautiful Oro-Medonte. This Fully Renovated, Move-In-Ready Home Offers Exceptional Value For First-Time Buyers, Downsizers, Investors, Or Anyone Seeking An Affordable Cottage Getaway Without The Long Drive North.Situated In A Desirable Lakeside Community With Access To Lake Simcoe Just Steps Away At The End Of The Road, You'll Enjoy The Best Of Year-Round Recreation And Relaxed Waterfront Community Living. Bright And Inviting Living Spaces, And The Convenience Of Low-Maintenance Ownership.Whether You're Looking For Your First Home, A Peaceful Retreat, Or A Smart Investment Opportunity, This Charming Property Combines Comfort, Style, And An Unbeatable Location In One Affordable Package!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$3,028
Lot Size50.58 ft x 110 ft
mls© NumberS13460548
Listed ByEXP REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,708
Property tax
$252
Heat allowance
$150
Housing costs
$3,110 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,800
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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