$495,000

For sale

279 Nottawasaga Street, Orillia - Single Family for Sale

279 Nottawasaga Street, Orillia, Ontario, L3V3K5

2 beds1 bath4 parking900 ft²49 × 171 ft (8,379 sq ft) lot sizeListed 8 days ago

Overview

This 2-bedroom, 1-bathroom home in Orillia is for sale offering roughly 900 sq ft of space. Listed at $495,000, it is attractively priced about 23% below the $639,900 median asking price in Orillia. It has been on the market 8 days, fresher than the Orillia average of 67 days.

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Description

Welcome to 279 Nottawasaga Street in Orillia! This charming bungalow sits on an impressive 49 x 171 ft lot and features a detached garage, offering plenty of outdoor space and potential. Inside, the bright and inviting main floor offers a cozy living space with updated vinyl flooring and pot lights throughout. Two comfortable bedrooms and a 3-piece bathroom with heated floors complete the main level. Downstairs, the unfinished basement presents an excellent opportunity to nearly double the finished living space or explore the potential for a secondary suite, with the convenience of a separate entrance already in place. Significant updates, including vinyl siding and a new furnace (2025), add to the home's appeal. Whether you're a first-time buyer, downsizer, or investor looking to unlock additional value, this property offers an exciting opportunity in the heart of Orillia! (id:66096)

Property Details

MLS®: S14119014
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 49 × 171 ft (8,379 sq ft)
Frontage: 49 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $3,645.14/yr

Rooms

Main level

Kitchen: 3.05 x 2.75 meters
Dining room: 3.03 x 3.03 meters
Living room: 3.05 x 3.08 meters
Primary Bedroom: 3.05 x 3.82 meters
Bedroom 2: 3.05 x 2.64 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, Dishwasher, Stove, Dryer
Flooring: Carpeted, Vinyl
Foundation: Poured Concrete
Exterior: Wood, Stucco
Lot Features: Level lot

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Orillia listings, avg age

67d

Price / ft²

$550

List price

$495K

Haho

This 2-bed single family in Orillia has been listed for 8 days, which is 59 days fresher than the city average of 67. Act while there is still low competition.

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Listed by CENTURY 21 B.J. ROTH REALTY LTD. · JOSH GRAY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $495,000, about 6.4× the local median household income of $77,500.

Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$495,000· $550/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,750

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,810 capitalized)

Property tax (est.)$304/mo

Total monthly$2,911

Cash Needed to Close

Down payment (5%)$24,750

Land transfer tax$6,375

Est. closing costs$3,985

Total cash needed$35,110

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