$599,999

For sale

163 Shannon Street, Orillia - Single Family for Sale

163 Shannon Street, Orillia, Ontario, L3V7B6

4 beds2 baths4 parking1,300 ft²64 × 120 ft (7,716 sq ft) lot sizeListed 16 days ago

Overview

This 4-bedroom, 2-bathroom home in Orillia is for sale offering roughly 1,300 sq ft of space. Listed at $599,999, it is attractively priced about 6% below the $639,900 median asking price in Orillia. It has been on the market 16 days, fresher than the Orillia average of 68 days.

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Description

Top 5 Reasons You Will Love This Home: 1) Embrace the Orillia lifestyle with the waterfront just a short walk away, making it easy to enjoy beach days, scenic shoreline trails, beautiful sunsets, and time by the lake without the waterfront price tag 2) Enjoy the charm and convenience of being close to downtown Orillia, where local shops, restaurants, markets, entertainment, and community events create a vibrant setting with plenty to experience throughout the year 3) Offering plenty of flexibility for families of all sizes, the home features three bedrooms on the main level plus an additional basement bedroom or office, providing valuable space for guests, working from home, or extended family 4) Make the most of summer with an eat-in kitchen offering a walkout to the deck, where dedicated dining and lounging areas overlook the spacious backyard and create an inviting setting for barbecues, entertaining, and relaxing outdoors 5) Fully finished on both levels, the home provides even more room to unwind with a generously sized basement living room featuring a cozy gas fireplace, full bathroom with a walk-in shower, and a dedicated workshop and laundry area, offering excellent versatility for recreation, hobbies, or additional living space 1,113 above grade sq.ft. plus a finished basement. (id:66096)

Property Details

MLS®: S14101318
Property Type: Single Family
Zoning: R2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 64 × 120 ft (7,716 sq ft)
Frontage: 64 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Ownership

Rooms

Main level

Kitchen: 5.53 x 3.39 meters
Family room: 4.76 x 3.56 meters
Primary Bedroom: 4.02 x 3.39 meters
Bedroom: 3.62 x 2.79 meters
Bedroom: 3.62 x 2.77 meters

Basement

Living room: 7.56 x 5.39 meters
Bedroom: 3.27 x 2.64 meters
Laundry room: 7.51 x 3.84 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Range, Dryer, Freezer, Window Coverings
Flooring: Laminate, Ceramic
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Orillia listings, avg age

68d

Price / ft²

$462

List price

$600K

Haho

This 4-bed single family in Orillia has been listed for 16 days, which is 52 days fresher than the city average of 68. Act while there is still low competition.

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Listed by FARIS TEAM REAL ESTATE BROKERAGE · MARK FARIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $599,999, about 7.7× the local median household income of $77,500.

Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$599,999· $462/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,999.90

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,600 capitalized)

Property tax (est.)$301/mo

Total monthly$3,434

Cash Needed to Close

Down payment (5.83%)$35,000

Land transfer tax$8,475

Est. closing costs$4,300

Total cash needed$47,775

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