Brand-new farmhouse on 75-foot lot in Oro-Medonte

Property details for 21 Pearsall Place, Oro Medonte

Type: Residential
Bedrooms: 4
Bathrooms: 4
Lot Size: 75 x 164.6 FT
Stories: 2
Basement: Partially finished, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: None
Exterior: Wood
Ownership: Freehold
Annual Taxes: $859

It's a brand-spanking-new Croft model from Elevation A in Eagles' Rest Estates, and it's never been lived in. About 3,700 square feet of modern farmhouse style, sitting on a 75 x 164.6 foot lot that backs onto greenbelt. Four beds and 3.5 baths spread over two floors, with 10-foot ceilings on the main level and nine up top and in the basement. Engineered hardwood runs through the main living areas, and the kitchen has quartz counters and upgraded cabinets. The great room opens to the kitchen and has a natural gas fireplace. There's an office on the main floor and a second-floor laundry. The tandem garage fits two cars with room to spare, and there's parking for up to seven total. The basement is just roughed in for a bath, but the foyer's finished. You're five minutes to Horseshoe Valley Resort and less than 15 to Barrie. Tax bill last year was only $859 for the land, so expect that to jump once it's assessed. It's priced at $1,495,000, which sits below the $1.54M median for nearby active listings. And you're not going to hear this from the listing, but there are only four active listings in the area right now, so it's a tight market.

About 21 Pearsall Place, Oro Medonte — Property Score

Great Location

Score: 61/100

Value

Priced 30% above area median of $1,149,900 based on 77 comparable properties nearby 25

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

12,345 sqft lot - an oversized lot for the area 90

Location

$101K median household income - above the Canadian average of $70K 80

94% of residents hold postsecondary credentials - a highly educated neighbourhood 100

92% homeownership rate - indicating a stable, owner-occupied community 95

52% of residents commute under 30 minutes - good commuting convenience 72

17/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

7-car garage - area average is 9.7 spots 95

Partially finished, N/A basement - potential for additional finished space 85

efficient gas forced air heating 80

None 30

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.06% effective tax rate ($859/yr) - very low tax burden 98

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

8% renter population - primarily owner-occupied area 39

Quality

Condition

Listing

46 photos provided - 21% 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.