34 Howard Drive, Oro-Medonte

$950,000
34 Howard Drive

$950,000

New
24d
DetachedBungalow

34 Howard Drive, Oro-Medonte

Total Monthly Obligation $4,623

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
24d
Score
16
Yield
3.7%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-S13840094
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-80 × 181 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$4,992 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Wood
Pool-Inground
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-TBD
Neighbourhood-Rural Oro-Medonte
Title-Residential Freehold

No agent assigned

Welcome to 34 Howard Drive in beautiful Oro-Medonte. This is truly an entertainer's dream home! Located in a prestigious Neighbourhood of fine homes & near the shores of Lake Simcoe. The ultimate highlight awaits in your private backyard sanctuary, backing directly onto lush forest with no rear neighbors. Your personal resort includes a sparkling inground pool with a tranquil waterfall feature and a custom tiki bar-creating an unforgettable setting for summer entertaining and weekend relaxation. This home has 2,900 sq. ft. of finished living space, combining everyday comfort with an exceptional lifestyle. The main level showcases a huge eat in kitchen designed for effortless hosting, a massive living room anchored by a cozy fireplace, and a bright, serene sunroom that fills the home with natural light. With 3+1 large bedrooms and three full bathrooms, there is space for family & guests. The main floor also has handy main floor laundry/ mudroom with inside entry to your 2 car garage. Downstairs, the finished lower level features a massive rec room perfect for movie nights with space for a home gym or games area, a huge bedroom with semi-ensuite which would be perfect for your teenager, some flex space & loads of storage. This home exudes pride of ownership. Live your best life with the incredible amenities nearby; The Oro Rail Trail is just steps from your front door & offers 28 km of scenic walking and biking trails in the summer and snowshoeing or snowmobiling in the winter. Or, head to nearby Oro beach to put your toes in the sand & enjoy the beauty of Lake Simcoe. Rarely does a property seamlessly blend turn-key elegance, spacious accommodations, and an unmatched backyard resort with four-season trail access right at your doorstep. Just 20 minutes to Barrie or Orillia for all your city conveniences. This home offers peace of mind for years to come with a new furnace, A/C & a 4 year old roof. Don't miss your chance to make 34 Howard Drive your next home!

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Closing Costs

Mortgage Amount
$760,000
Land Transfer Taxes$15,475
Legal Fees (Est.)
$
Total cash required for closing$206,975

Total Monthly Obligation

$4,623/mo
Mortgage $3,832
Monthly Loss $3,615
Principal$1,008
Interest$2,824
Property Tax$416
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.3%15
10-Year IRR
7.7%
Returns Index
9.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,800/yr
NOI
$21,828/yr
Net Cash Flow
-$2,013/mo
Cash Margin
-69.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 34 Howard Drive

Time

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Data last updated within the past 24 hours.