$490,000
Simcoe
96 ORCHARD Avenue, Simcoe, Ontario, N3Y3H1
This 4-bedroom, 3-bathroom home in Simcoe is for sale offering roughly 1,536 sq ft of space. Listed at $490,000, it is attractively priced about 18% below the $599,000 median asking price in Simcoe. It has been on the market 58 days, fresher than the Simcoe average of 75 days.
Attention investors , multi- generational families & buyers looking to offset their mortgage! This updated 1 1/2 storey home offers a flexible layout with several features already in place to support a variety of future uses. With a separate entrance to basement , two driveways, two hydro meters, and basement plumbing roughed in for a kitchen, bathroom, and laundry room, this property offers exciting possibilities for flexible living arrangements or future rental income—subject to all required approvals. Offering 1,536 sq. ft. of above grade living space, the home features 4 bedrooms and 3 bathrooms. The renovated main and upper levels include the kitchen, a living room with gas fireplace, updated bathrooms and flooring, built-in storage, and convenient main-floor laundry. The main level also features a primary bedroom with a walk-in closet and private ensuite, along with a versatile room with its own exterior entrance—ideal as the fourth bedroom, home office, or family room. Upstairs, you’ll find two additional bedrooms and another full bathroom. The 900 sqft basement provides plenty of potential for additional living space, an in-law setup, or a future rental unit. Additional features include a detached garage and a backyard backing onto a community park. Located in a quiet neighbourhood and within walking distance to schools, the hospital, shopping, and everyday amenities, this property offers a great opportunity for investors or buyers looking for a home with flexibility and future income potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 58 days on market, against an average age of 75 days across the listings currently for sale in this city
This 4-bed single family in Simcoe has been listed for 58 days, which is 17 days fresher than the city average of 75. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $490,000, about 6.3× the local median household income of $77,500.
Carrying it typically needs a household income of about $95,714 (20% down, 25-yr amortization, stress-tested) — roughly 24% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3Y)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.