71 Lakeshore Road E
Rural Oro-Medonte, Oro-Medonte
$529,000
YOUR ORO-MEDONTE LAKE SIMCOE LIFESTYLE STARTS HERE! An opportunity to own a detached home just steps from Lake Simcoe at an incredibly accessible price point. Set on a manageable 50 x 110 ft lot, this charming 2-bedroom bungalow offers a bright, beautifully updated interior with an open and inviting layout, updated kitchen and bath, and a relaxed atmosphere that feels right at home by the lake. Whether you're searching for your first home, looking to downsize, dreaming of a weekend escape, or adding to your investment portfolio, this home offers plenty of possibilities. Enjoy everything this sought-after area is known for! Lake life, outdoor recreation and a relaxed pace, while remaining within easy reach of Barrie, Orillia and Highway 11.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,028 |
| Lot Size | 50.58 ft x 110 ft |
| mls© Number | S13807160 |
| Listed By | EXP 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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