298 Park St

Orillia, Orillia, L3V 7V4
FOR SALE
$689,000
298 Park St, Orillia
298 Park St
298 Park St
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 4
ROOMS
S8101088
MLSID
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Property Description
Bungalow Alert!! Perfect Location In The Northward Of Orillia In Close Proximity To Schools And A Park With Walking Trails Directly Across The Street. Well Kept 3+1 Bedroom Raised Bungalow On A 50x101 Ft Lot W/2 Car Attached Garage and Parking For 4 Cars In The Driveway. Eat-In Kitchen With W/O To Deck and Backyard. Hardwood Flrs In The Livingroom. New Broadloom(2024) In The M/F Bedrooms. Huge Recroom With Above Grade Windows. Furnace and H.W.T. New In 2023.
Property Features
Fenced Yard, Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 101'
Acreage
< .50
Fronting
East
Taxes
$3,974 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.48' x 15.75'Eat-In Kitchen, W/O To Deck
LivingMain13.12' x 14.76'Hardwood Floor
Prim BdrmMain11.32' x 13.45'Double Closet, Broadloom
2nd BrMain9.68' x 11.48'Broadloom, Double Closet
3rd BrMain9.68' x 10.50'Broadloom, Double Closet
RecBsmt11.81' x 25.59'Above Grade Window, Broadloom
4th BrBsmt9.19' x 9.84'Broadloom, Cedar Closet
LaundryBsmt7.22' x 9.84'
Common RmBsmt11.48' x 16.08'Broadloom
Orillia Market Statistics
Orillia Price Trend
298 Park St is a 3-bedroom 2-bathroom home listed for sale at $689,000, which is $73,500 (11.9%) higher than the average sold price of $615,500 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Orillia declined by $84,454 (12.1%) compared to the previous 30 day period (February 27 - March 27) and down $17,551 (2.8%) from the same time one year ago.
Inventory Change
There were 30 3-bedroom homes listed in Orillia over the last 30 days (March 28 - April 26), which is up 20.0% compared with the previous 30 day period (February 27 - March 27) and up 36.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Orillia typically sold ($12,150) (2.0%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,269 decrease compared to the previous 30 day period (February 27 - March 27) and ($20,148) 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 3-bedroom homes in Orillia over the last 30 days (March 28 - April 26) stood at 60.0%, down from 88.0% over the previous 30 days (February 27 - March 27) and down from 63.6% 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 30 days when successfully sold over the last 30 days (March 28 - April 26), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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