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Property Description
Welcome to 198 Barrie Road, a charming 1.5 storey detached house perfect for first-time buyers and savvy investors, located in the heart of Orillia. This move-in ready gem features three bedrooms, two bathrooms, and bright living spaces complete with new flooring, new light fixtures and fresh paint. The kitchen, with its walkout to the large back deck, is ideal for hosting and entertaining. The expansive back half of the property (Reverse L shaped) offers endless opportunities to create your own private oasis or potential 2nd dwelling as per the City of Orillia future intensification of land use. Conveniently located within walking distance of Orillia Soldiers Memorial Hospital and close to downtown Orillia, Rec Centre, local restaurants, and McKinnell Square Park, this home blends comfort and convenience. Whether you're looking to settle down or invest, this property promises great potential and a wonderful lifestyle. Easy highway access from the Highway 12 Bypass exit, located on major bus route, close to elementary and high school. Plenty of parking and include outdoor shed. Quick closing available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-02 | 2024-10-01 | 60 | $499,900 | - | Expired |
| 2024-06-25 | 2024-07-31 | 36 | $549,900 | - | Terminated |
Property Features
Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
46' x 234'
Lot Irregularities
103.13'x70.21'x57.8 233.57'
Fronting
North
Taxes
$2,868 (2024)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.42' x 17.16' | |
| Kitchen | Main | 10.01' x 17.85' | W/O To Deck |
| Laundry | Main | 6.66' x 18.34' | |
| Br | Main | 9.84' x 10.99' | |
| Bathroom | Main | 4.43' x 7.84' | 2 Pc Bath |
| 2nd Br | 2nd | 11.25' x 9.58' | |
| 3rd Br | 2nd | 8.43' x 11.75' | |
| Bathroom | 2nd | 8.50' x 8.66' |
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Orillia Market Statistics
Orillia Price Trend
198 Barrie Rd is a 3-bedroom 2-bathroom home listed for sale at $499,999, which is $145,385 (22.5%) lower than the average sold price of $645,384 in the last 30 days (September 22 - October 21). During the last 30 days the average sold price for a 3 bedroom home in Orillia increased by $18,440 (2.9%) compared to the previous 30 day period (August 23 - September 21) and up $20,384 (3.3%) from the same time one year ago.Inventory Change
There were 28 3-bedroom homes listed in Orillia over the last 30 days (September 22 - October 21), which is down 33.3% compared with the previous 30 day period (August 23 - September 21) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Orillia typically sold ($19,038) (2.9%) below asking price over the last 30 days (September 22 - October 21), which represents a $244 decrease compared to the previous 30 day period (August 23 - September 21) and ($14,000) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Orillia over the last 30 days (September 22 - October 21) stood at 92.9%, up from 42.9% over the previous 30 days (August 23 - September 21) and up from 45.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Orillia stood at 21 days when successfully sold over the last 30 days (September 22 - October 21), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Right Move
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