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Property Description
Exceptional Value and Opportunity to Own A Detached 4 Bedroom Home Located in A Family-Friendly Well Established Neighborhood in Orillia Situated on a Large Mature Fully-Fenced Lot Next to a Park and All Major Amenities. A thoughtfully updated Open and Bright Main Floor Includes a Conveniently placed main level laundry room and primary bedroom, full bathroom, a large eat-in kitchen complemented by a back sitting room, walkout to backyard deck, and a cozy living room. Upstairs you will find three inviting upper level bedrooms, including a secondary primary bedroom featuring original exposed hardwood flooring. The home has plenty of compartmentalized storage spaces along with a full basement providing even more storage space. Recent updates include a new roof (2017), a gas furnace (2023), and mostly newer windows, a New Main Floor Bedroom, New Laundry Area, Bathroom Reno. Updated Paint and Flooring and has an additional Office/Nursery Room to be Completed on the Main Level With a Few Finishing Touches. A 5 Minute Drive to Costco, 2 Minute Drive to Downtown Orillia and minutes to Highway 400 access -- this home checks a lot of boxes and will not last long!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-25 | 2024-06-07 | 13 | $389,000 | $365,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
62' x 171'
Acreage
< .50
Fronting
North
Taxes
$2,780 (2024)
Basement
Part Bsmt, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.68' x 22.60' | |
| Kitchen | Main | 11.02' x 13.35' | |
| Family | Main | 11.02' x 13.62' | |
| Prim Bdrm | Main | 7.84' x 12.50' | |
| Office | Main | 7.84' x 9.74' | |
| Br | Upper | 10.89' x 10.37' | |
| Br | Upper | 7.71' x 13.39' | |
| Br | Upper | 9.42' x 22.77' |
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Orillia Market Statistics
Orillia Price Trend
412 Homewood Ave is a 4-bedroom 1-bathroom home listed for sale at $399,000, which is $63,000 (18.8%) higher than the average sold price of $336,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Orillia declined by $59,000 (14.9%) compared to the previous 30 day period (November 19 - December 18) and down $319,000 (48.7%) from the same time one year ago.Inventory Change
There were 9 4-bedroom homes listed in Orillia over the last 30 days (December 19 - January 17), which is down 43.8% compared with the previous 30 day period (November 19 - December 18) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($8,900) (2.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,350 increase compared to the previous 30 day period (November 19 - December 18) and ($19,900) 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 4-bedroom homes in Orillia over the last 30 days (December 19 - January 17) stood at 155.6%, up from 87.5% over the previous 30 days (November 19 - December 18) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Orillia stood at 45 days when successfully sold over the last 30 days (December 19 - January 17), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Co-Elevation Realty, Brokerage
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This unique detached house offers two separate, independent units, each with its own kitchen, bathroom, and private living space. Perfect for generating rental income or for multi-generational living. The property is Sold in As-Is condition, it is currently occupied by tenants (Upper unit is rented for $778/month Including Utilities & lower unit rented for $850/month including Utilities).
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Attention First-Time Home buyers, Investors, and Home Renovators! This charming 3-bedroom, 1-bathroom home sits on a 37 x 89 ft lot and offers fantastic potential in a prime location! With everything laid out on one floor, this property is ideal for easy living. The home also features a private backyard and a detached single-car garage for added convenience. Located just steps from Lake Couchiching, parks, and downtown Orillia, this home is perfectly positioned for anyone seeking a mix of comfort and potential. Zoned R3i, the property offers redevelopment possibilities with Soldiers Memorial Hospital, Lakehead University, walking trails, boating, and fishing all just a short distance away. Whether you're looking to renovate or redevelop, this home presents endless opportunities in one of Orillia's most desirable neighbourhoods. Don't wait. Schedule your viewing today and explore the possibilities!
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