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Listed 2 months ago

49 Lakeshore Road E

Rural Oro-Medonte, Oro-Medonte

$1,269,900

Detached|Bungalow
3 | 2 | 6
About this home

Welcome to this well-maintained waterfront bungalow in desirable Oro-Medonte, offering 54 feet of shoreline, a boathouse, and a large private lot. This true bungalow has been freshly painted and features a functional open-concept layout designed to capture lake views.The kitchen includes granite countertops and a breakfast bar that overlooks the water, flowing into the living room with a gas fireplace and walkout to the patio. A separate family room provides additional living space with a large window and natural light.The home offers three bedrooms, including a spacious primary suite with its own gas fireplace and 4-piece ensuite. Two additional bedrooms and a second 4-piece bath complete the main living area. Laundry, a mechanical room, and access to the crawl space add to the home's practicality.Key updates include an Enjen septic system installed in 2021, sized to accommodate a future garage and potential living space addition, along with a furnace and A/C (2021) and water heater (2022). Outside, the property truly stands out with a circular driveway, generous privacy, a boathouse, and marine rail-everything you need to fully enjoy the waterfront lifestyle.A rare opportunity to secure a well-equipped waterfront property with room to grow in one of Oro-Medonte's most desirable settings. Book your showing today.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,650
Lot Size54 ft x 269 ft
mls© NumberS13531226
Listed ByCENTURY 21 B.J. ROTH REALTY LTD.

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%
$6,500
Property tax
$554
Heat allowance
$150
Housing costs
$7,204 / mo

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

Down payment20% · $253,980
25-yr amortization

Income needed

$222,000

gross annual household income

Payment at 4%
$5,344 / mo
Cash down
$253,980

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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