Homula Realty Brokerage
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8626 HIGHWAY 12 W, Oro-Medonte, ON L3V 6H2

Commercial Retail
$799,900

BUSY HIGH TRAFFIC CORNER LOCATION WOULD SUIT MOST COMMERCIAL USES; CAR LOT, SERVICE STATION, MARINA SALES AND SERVICE, CONVENIENCE STORE, RESTAURANT, TAKE OUT ESTABLISHMENT, OFFICE. TWO BEDROOM APARTMENT ON SECOND FLOOR EXCELLENT OPPORTUNITY FOR LIVE WORK OR RENT OUT FOR ADDITIONAL INCOME. OWNER WILLING TO ASSIT IN FINANCING TERMS AND RATE TO BE NEGOTIATED. WALKING DISTANCE TO BASS LAKE AND SHORT DRIVE TO ORILLIA. SELLER WOULD CONSIDER LEASING THE ENTIRE SPACE TERMS AND RATE TBN. PICTURES TAKEN BEFORE CHIP TRUCK AND PIZZAFORNO WERE REMOVED. **EXTRAS** ELECTRIC LIGHT FIXTURES, GAS FURNACE, AIR CONDITIONER, 2 STORAGE SHEDS, FINISHED "SHE SHED", APARTMENT FRIDGE, STOVE, WASHER AND DRYER.

MLS number
S12979650
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
2
Postal code
L3V 6H2
Photos
14
Property tax
$2,246 / year
157days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Marchmont Public School
Simcoe County DSB
Elementary1.8 km5.6 / 10
56% met the standard
Notre Dame Catholic School
Simcoe Muskoka CDSB
Elementary1.7 km6.1 / 10
61% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 988 people.

$149,000Median household income
93.9%Own their home
96.9%Detached houses
42Median age
6.4%Born outside Canada
31.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431264 — the few blocks around this address, home to 988 people. It describes the area, not this property.

988Population
39.8Average age
3.1Household size
$171,000Average household income
$149,000Median household income
94%Own their home
6%Rent
0%Condominiums
6%Born outside Canada
32%University degree
$920,000Average home value
2%Low income
48%Not in the labour force
21%Never married
$40,000 to $44,9991%
$50,000 to $59,9993%
$60,000 to $69,9992%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9993%
$100,000 and over44%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,99913%
$200,000 and over16%

Percentages are of the 550 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$159,980 · minimum here is $54,990
$3,541.78per month
Borrowed before insurance$639,920
Total borrowed$639,920
Interest over 25 years at 4.5%$422,615

If you rented it out

-$3,728.95per month out of pocket
Rent$0.00
Everything it costs to hold$3,728.95
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by OAKWOOD REALTY CORPORATION. Listing data provided by the Toronto Regional Real Estate Board.