49 Victoria St

Orillia, Orillia, L3V 2V7
FOR SALE
$629,000
49 Victoria St, Orillia
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
49 Victoria St
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4
BEDROOMS
2
BATHROOMS
2
KITCHENS
8
ROOMS
S9352904
MLSID
Contact Us
Property Description
Are you an investor searching for a legal duplex with positive cash flow or a first time home buyer welcoming additional income to supplement your mortgage payments? Welcome to 49 Victoria Street in the heart of booming Orillia! This fully renovated legal Duplex was rebuilt from the studs out in 2008 and has recently been updated from top to bottom with newer vinyl siding creating a beautiful curb appeal along with many other recent renovations and upgrades including a fully waterproofed basement, french drain, new sump pump and newer shingles not to mention separate entrance areas for both units complete with added storage! This beautiful home is turn key and ready for you to start making money right away with 2 self contained above-grade apartments both featuring 2 bedrooms, updated kitchens, 4 piece baths and separate ensuite laundry faciltiies. The second floor unit comes occupied with a AAA Tenant currently paying $1,950.00 per month + utilities while the lovely main floor unit offers vacant possession for your own personal use or a new tenant of your choice! Rarely do opportunities like this one come along! Both units are separately metered for electrical services making property management a breeze!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-29 2023-10-19 20 $1,950 - Terminated
2023-08-28 2023-09-07 10 $2,200 - Terminated
Extras
Opportunity knocks for future development on this unique property....You can add yet a 3rd source of income as this duplex is located on a double wide lot which allows for an additional garden suite to be built on the east side of the lot!!
Property Features
Hospital, Place Of Worship, Public Transit, School, School Bus Route
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
85' x 67'
Fronting
South
Taxes
$3,075 (2024)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Great RmMain9.74' x 13.48'Laminate
KitchenMain6.92' x 10.50'Laminate
Prim BdrmMain8.99' x 12.50'Laminate, Closet
FoyerMain4.33' x 7.09'Vinyl Floor
Great Rm2nd8.99' x 12.01'Laminate
2nd BrMain8.23' x 8.92'Laminate, Closet
Prim Bdrm2nd9.91' x 12.76'Laminate, Closet
2nd Br2nd8.50' x 9.09'Laminate, Closet
FoyerMain3.28' x 6.56'Vinyl Floor
Orillia Market Statistics
Orillia Price Trend
49 Victoria St is a 4-bedroom 2-bathroom home listed for sale at $629,000, which is $166,980 (21.0%) lower than the average sold price of $795,980 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 4 bedroom home in Orillia increased by $145,980 (22.5%) compared to the previous 30 day period (July 22 - August 20) and up $60,980 (8.3%) from the same time one year ago.
Inventory Change
There were 16 4-bedroom homes listed in Orillia over the last 30 days (August 21 - September 19), which is up 33.3% compared with the previous 30 day period (July 22 - August 20) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($15,999) (2.0%) below asking price over the last 30 days (August 21 - September 19), which represents a $8,901 increase compared to the previous 30 day period (July 22 - August 20) and ($36,372) 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 (August 21 - September 19) stood at 31.2%, up from 25.0% over the previous 30 days (July 22 - August 20) and down from 137.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Orillia stood at 47 days when successfully sold over the last 30 days (August 21 - September 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Main Street Realty Ltd.
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