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Featured
Listed 14 days ago

224 Lakeshore Road E

Rural Oro-Medonte, Oro-Medonte

$1,275,000

Detached|2-Storey
2 | 3 | 11
About this home

Exceptional, low-maintenance home across from Lake Simcoe with beautiful deeded beach access. This quality-built property features high-end finishes throughout, offering a bright, open-concept living and dining area that overlooks a front porch perfect for morning coffees and Lake Simcoe sunrises. The gourmet kitchen is equipped with Corian countertops, soft-close cabinetry, stainless-steel appliances, and a large island with seating for four. The home includes two spacious bedrooms, a newly renovated primary ensuite, and two additional modern 3-piece bathrooms. Accessibility and security are seamless with a whole-home Generac generator and a premium Garaventa elevator lift featuring LED lighting, an internal phone system, and battery backup. The true showstopper is the massive 1,450 sq ft insulated and heated garage and workshop. Perfect for car enthusiasts, tradespeople, or the ultimate hobby cave, it boasts high ceilings, reinforced floors, and three 10' x 12' insulated doors powered by quiet jackshaft openers. Outside, enjoy the ultimate lakeside lifestyle. Steps away is your deeded beach access, complete with Muskoka chairs to relax, swim, or launch your kayak and paddleboard. The private rear yard features a versatile detached bunkie, perfect as a 3-season guest house, home office, or studio. This property perfectly combines luxury, utility, and recreational living in one incredible package.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$5,801
Lot Size80 ft x 80 ft
mls© NumberS13656792
Listed ByCOLDWELL BANKER THE REAL ESTATE CENTRE

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%
$6,526
Property tax
$483
Heat allowance
$150
Housing costs
$7,159 / mo

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

Down payment20% · $255,000
25-yr amortization

Income needed

$220,000

gross annual household income

Payment at 4%
$5,365 / mo
Cash down
$255,000

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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