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Listed 10 days ago

3 Randy Avenue

Rural Mono, Mono

$1,599,000

Detached|Bungalow-Raised
3 | 4 | 14
About this home

Discover a rare blend of luxury, versatility, and lifestyle in the sought-after Purple Hill neighbourhood of Mono, just minutes from Orangeville and about an hour north of Toronto. Set on over half an acre of private, fully fenced backyard surrounded by mature trees and gardens, this beautifully appointed home delivers exceptional indoor-outdoor living, a true backyard retreat, and a rare income or multigenerational opportunity.Inside, custom millwork, elegant coffered ceilings, and a natural stone fireplace create a sophisticated yet inviting atmosphere. Large updated windows fill the open-concept living and dining areas with natural light, complemented by thoughtful pot lighting and the warmth of the fireplace.The main floor offers two spacious bedrooms, including a serene primary retreat with custom millwork, updated lighting, and a finished 3-piece ensuite, along with a main 4-piece bath. A walk-out from the primary leads to a covered patio and hot tub, the perfect place to relax and take in the peaceful surroundings.The fully finished lower level adds flexibility with a generous third bedroom, 2-piece bath, wet bar, new flooring, and contemporary finishes, ideal for extended family, guests, or entertaining.The heated garage features epoxy floors, ample storage, and two insulated doors, including one RV-height door for a trailer or boat. Two large sheds offer exceptional storage, one with hydro. Outdoors, the private grounds include a covered patio, back deck, hot tub, stone fire pit, and multiple areas to gather or unwind.The standout is a legal separate apartment with its own private entrance, deck, and side yard, offering a spacious bedroom, 3-piece bath, full kitchen, private laundry, and a living room with fireplace. Currently operating as an Airbnb, it generates approximately $3,200 per month, ideal for supplemental income, guests, or extended family. More than a home, It's a lifestyle property combining elegance, comfort and privacy.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,477
Lot Size125 ft x 200 ft
mls© NumberX13771306
Listed ByMETA REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,184
Property tax
$540
Heat allowance
$150
Housing costs
$8,874 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $319,800
25-yr amortization

Income needed

$273,000

gross annual household income

Payment at 4%
$6,729 / mo
Cash down
$319,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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