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1016 Lakeshore Road E, Oro-Medonte, ON L0L 1T0

3+2 beds · 4 baths · 1 kitchen · 7+4 rooms · 7 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Detached
$1,499,000
Property tax
$6,499 / year

CUSTOM LUXURY BUNGALOW MEETS LAKESIDE LIVING - NEARLY 4,500 FINISHED SQ. FT., DESIGNER FINISHES, IN-LAW POTENTIAL & OVER HALF AN ACRE, STEPS FROM LAKE SIMCOE! Crafted with a sophisticated contemporary aesthetic and full ICF construction, this 2022-built bungalow reflects exceptional attention to design, materials and execution. A brick and stone front elevation, architectural rooflines, sculptural concrete steps, and double-door entry are complemented by an attached three-car garage with inside entry and rear drive-through access. Engineered hardwood carries through the main level, where vaulted ceilings, oversized black-framed windows and bespoke millwork frame a great room centred on a Napoleon fireplace with wood detailing. The chef's kitchen is finished with extensive custom cabinetry, quartz countertops, black stainless steel appliances and an oversized island with concealed storage, while the adjoining dining area features a built-in beverage station with cabinetry and under-counter refrigeration before opening to the covered rear deck. The primary retreat features a geometric feature wall, a partially concealed dressing area with a full wall of custom wardrobe cabinetry and a luxurious 5-piece ensuite with a soaker tub, oversized glass shower and dual-sink vanity. The finished basement significantly expands the home's multi-generational appeal, with a second kitchen, massive rec room and separate family room creating distinct living areas, complemented by two additional bedrooms and a 3-piece bathroom, offering strong in-law potential for extended family who value both togetherness and independence. An HRV system and water treatment speak to the level of investment throughout the home. Over half an acre surrounds the property, with a covered rear deck overlooking an immaculate lawn and mature trees, while Lake Simcoe sits directly across the street and Bayview Memorial Park is close by for easy access to the shoreline.

MLS number
S13766760
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
4
Postal code
L0L 1T0
Photos
31
Laundry
Main Level level
2days · 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

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Rural Oro-Medonte244 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$785k$1.15M$1.51M20252026this home’s asking price
$878klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d22d45d20252026
24dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in rural oro-medonte. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 680 people.

$121,000Median household income
91.7%Own their home
100%Detached houses
40.8Median age
5.4%Born outside Canada
21.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35431160 — the few blocks around this address, home to 680 people. It describes the area, not this property.

680Population
39Average age
2.8Household size
$134,000Average household income
$121,000Median household income
92%Own their home
8%Rent
0%Condominiums
5%Born outside Canada
21%University degree
$860,000Average home value
6%Low income
16%Not in the labour force
21%Never married
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$50,000 to $59,9993%
$60,000 to $69,9994%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9991%
$100,000 and over39%
$100,000 to $124,99910%
$125,000 to $149,99911%
$150,000 to $199,99911%
$200,000 and over8%

Percentages are of the 395 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.

$299,800 · minimum here is $124,900
$6,637.25per month
Borrowed before insurance$1,199,200
Total borrowed$1,199,200
Interest over 25 years at 4.5%$791,974

If you rented it out

-$7,178.83per month out of pocket
Rent$0.00
Everything it costs to hold$7,178.83
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 RE/MAX HALLMARK PEGGY HILL GROUP REALTY. Listing data provided by the Toronto Regional Real Estate Board.