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ROOMSS11915191
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Property Description
All roads lead you home to 218 Hilda St in the heart of Orillia. This LEGAL DUPLEX offers a fantastic opportunity for both homeowners and investors alike. With a total of 4 bedrooms - 2 on each level - this property is ideal for accommodating extended families or generating rental income. Both units have separate meters and their own hydro one number. Upgrades include: New Breaker Box 2022, 100 Amps of Power added 2022 (total of 200 amp), New Roof 2021, upstairs flooring 2024. Enjoy the convenience of separate entrances, ensuring privacy for both occupants. This property is surrounded by parks, schools, and all the amenities needed for a thriving lifestyle. Whether you're seeking a new home with rental potential or an investment property in a sought-after location, this legal duplex in Orillia offers a harmonious blend of comfort and convenience. *Some photos have been virtually rendered.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-29 | 2025-01-09 | 41 | $589,900 | - | Terminated |
| 2024-02-08 | 2024-02-26 | 18 | $599,900 | - | Terminated |
| 2024-02-16 | 2024-02-23 | 7 | $1,850 | $1,850 | Leased |
| 2024-01-16 | 2024-02-16 | 31 | $2,000 | - | Terminated |
| 2024-01-16 | 2024-02-08 | 23 | $599,900 | - | Terminated |
| 2020-11-28 | 2020-12-02 | 6 | $475,000 | $485,000 | Sold |
Extras
Home will be fully Vacant April 1st
Property Features
Fenced Yard, Hospital, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow-Raised
Approximate Sq.Ft.
700-1100
Lot Size
35' x 92'
Fronting
North
Taxes
$2,897 (2024)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.84' x 30.51' | |
| Br | Main | 9.51' x 11.48' | |
| 2nd Br | Main | 9.51' x 11.48' | |
| Living | Main | 9.84' x 30.51' |
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Orillia Market Statistics
Orillia Price Trend
218 Hilda St is a 2-bedroom 2-bathroom home listed for sale at $559,900, which is $263,650 (89.0%) higher than the average sold price of $296,250 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Orillia declined by $136,750 (31.6%) compared to the previous 30 day period (November 19 - December 18) and down $40,250 (12.0%) from the same time one year ago.Inventory Change
There were 5 2-bedroom homes listed in Orillia over the last 30 days (December 19 - January 17), which is down 61.5% compared with the previous 30 day period (November 19 - December 18) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Orillia typically sold ($9,000) (3.0%) below asking price over the last 30 days (December 19 - January 17), which represents a $900 increase compared to the previous 30 day period (November 19 - December 18) and ($13,400) more 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 2-bedroom homes in Orillia over the last 30 days (December 19 - January 17) stood at 600.0%, up from 138.5% over the previous 30 days (November 19 - December 18) and up from 20.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Orillia stood at 28 days when successfully sold over the last 30 days (December 19 - January 17), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Experience Realty
Similar Listings
Here's your opportunity to own a legal duplex in Orillia. Centrally located in an area seeing regentrification, steps to the waterfront and downtown. Many amenities within walking distance. Rent out both units or live in one and rent the other. New flooring and fresh paint throughout, updated baths and some new windows, and new shingles. Private laneway leads to rear of house where there is parking to accommodate three cars.
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