Craftsman home with views near Horseshoe Valley

Property details for 29 Thoroughbred Drive, Oro Medonte

Type: Residential
Bedrooms: 4
Bathrooms: 4
Lot Size: 196.8 x 184.3 FT
Stories: 2
Basement: Finished, Full, Separate entrance, Walk out, N/A, N/A
Parking: Detached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stone, Hardboard
Ownership: Freehold
Annual Taxes: $7,993

This Craftsman-style home sits up high on a 196 by 184 foot lot, so you get wide open views over Oro Medonte's rolling countryside. It's right next to Braestone Golf Club, and Horseshoe Resort is about 8 minutes away if you want skiing or the spa. The place has 4 bedrooms and 4 bathrooms spread over three levels, with the main level primary suite and two more bedrooms upstairs. A fourth bedroom is in the walkout basement, along with a family room, a sitting room, and an office. You'll get 4,000 plus square feet of finished space, and the lot is wooded and private, but you're not in the middle of nowhere. The kitchen has blue and white cabinets, granite counters, and a big island with seating. There's a gas cooktop with an electric oven, and a separate wall oven with microwave above. Hardwood runs through the main floor living areas, and the great room has a two storey cathedral ceiling and a stone fireplace. French doors open to a covered deck that catches the sun. The detached three car coach house is great for cars or a workshop. You're walking distance to trails, and there's a pond on the property. Taxes are about $8,000 a year. Priced at $1,529,000, which is in line with the median around here. It's a solid spot if you want country living with quick access to Horseshoe and all that winter stuff.

About 29 Thoroughbred Drive, Oro Medonte — Property Score

Great Location Feature Rich

Score: 62/100

Value

Priced 33% above area median of $1,149,950 based on 88 comparable properties nearby 21

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

4 bathrooms - 1 more than similarly priced properties nearby 72

36,270 sqft lot - an oversized lot for the area 90

Location

$94K median household income - above the Canadian average of $70K 77

83% of residents hold postsecondary credentials - a highly educated neighbourhood 91

97% homeownership rate - indicating a stable, owner-occupied community 98

66% of residents commute under 30 minutes - excellent commuter accessibility 83

8/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 56 days on market 100

-8.3% median price change over 1 month - declining prices in the area 9

141 months of housing supply - 141 active listings with 1 sold last month (buyer's market) 40

Features

8-car garage - area average is 10 spots 95

Finished, Full, Walk out basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

2 fireplaces - a desirable feature for Canadian winters 85

No premium extras like pool, waterfront, or view 50

Investment

0.52% effective tax rate ($7,993/yr) - very low tax burden 84

+0.9% area price change year-over-year - modest growth in Oro Medonte 55

7% renter population - primarily owner-occupied area 38

Quality

Condition

Listing

41 photos provided - 8% more than the area average of 38 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.