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Property Description
INCOME POTENTIAL & FULLY RENOVATED! Do not miss this opportunity to own a beautifully finished 5 (3+2) bedroom home, 2 (1+1) full baths and a finished walk up basement. All you have to do is move in! A stone throw away to all the amenities you need, close to a bus stop and nestled on a quiet street. The basement is fully finished and is currently set up as a 2 bedroom, 1 bath, walk up, in-law suite. This whole home has been beautifully renovated, with modern finishes. The yard is fully fenced and there is a walkout balcony from one of the three main level bedrooms. Book your showing today!
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
60' x 107'
Fronting
North
Taxes
$3,100 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Orillia Market Statistics
Orillia Price Trend
317 James St is a 3-bedroom 2-bathroom home listed for sale at $699,000, which is $415,329 (146.4%) higher than the average sold price of $283,671 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Orillia declined by $263,422 (48.1%) compared to the previous 30 day period (November 19 - December 18) and down $396,900 (58.3%) from the same time one year ago.Inventory Change
There were 10 3-bedroom homes listed in Orillia over the last 30 days (December 19 - January 17), which is down 66.7% compared with the previous 30 day period (November 19 - December 18) and down 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Orillia typically sold ($7,945) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,598 increase compared to the previous 30 day period (November 19 - December 18) and ($35,757) 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 (December 19 - January 17) stood at 700.0%, up from 106.7% over the previous 30 days (November 19 - December 18) and up from 58.3% 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 49 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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