$499,900

$524,900For salePrice drop↓ $25,000 (5%)

364 Arthur Street, Orillia - Single Family for Sale

364 Arthur Street, Orillia, Ontario, L3V3M8

2 beds1 bath3 parking900 ft²54 × 176 ft (9,504 sq ft) lot sizeListed 56 days ago

Overview

This 2-bedroom, 1-bathroom home in Orillia is for sale offering roughly 900 sq ft of space. Listed at $499,900, it is attractively priced about 22% below the $639,900 median asking price in Orillia. It has been on the market 56 days, fresher than the Orillia average of 68 days.

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Description

Don't Miss This Extensively Updated & Renovated Bungalow In Orillia's West Ward. Absolutely Perfect For First-Time Homebuyers, Investors Or Those Looking To Downsize & Simplify! This Charming Home Offers True Low-Maintenance Living. Updates Include: A Fully Renovated, Top-Of-The Line Kitchen With New Appliances, Quartz Countertops & Soft-Close Cupbards & Drawers (2024), New Gas Furnace & On-Demand Hot Water Tank (2024), Upgraded Insulation (2024) New Vinyl Plank Flooring Throughout (2024), New Exterior Side Door & Back Door With Walkout To A Brand New Platform Deck & Fully-Fenced Expansive Backyard (2024). Rustic Accent Walls Adorn The Entryway & Primary Bedroom, Along With Tasteful Brand New Barn Doors & A Cozy, Gas Fireplace Rounds Out The Living Room. Located Within Very Close Proximity To Several Amenities Including Nearby Homewood Park, Shopping, Public Transit, Schools, Soldier's Memorial Hospital & Downtown Orillia! (id:66096)

Property Details

MLS®: S13772556
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 3
Interior Size: 900 ft²
Lot Size: 54 × 176 ft (9,504 sq ft)
Frontage: 54 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Crawl space
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Main level

Kitchen: 2.51 x 4 meters
Living room: 4.14 x 2.85 meters
Primary Bedroom: 3.3 x 3.72 meters
Bedroom 2: 2.39 x 3.44 meters
Bathroom: 3.3 x 1.99 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Window Coverings, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Sloping

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

56d

Orillia listings, avg age

68d

Price / ft²

$555

List price

$500K

Haho

This 2-bed single family in Orillia has been listed for 56 days, which is 12 days fresher than the city average of 68. Act while there is still low competition.

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Listed by Century 21 B.J. Roth Realty Ltd. · TERRY JONES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $499,900, about 6.5× the local median household income of $77,500.

Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 26% 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)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$233/mo

Total monthly$2,866

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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