554 Drinkwater Dr E

Orillia, Orillia, L3V 3W7
FOR SALE
$589,500
554 Drinkwater Dr E, Orillia
554 Drinkwater Dr E
554 Drinkwater Dr E
554 Drinkwater Dr E
554 Drinkwater Dr E
554 Drinkwater Dr E
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554 Drinkwater Dr E
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554 Drinkwater Dr E
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554 Drinkwater Dr E
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554 Drinkwater Dr E
554 Drinkwater Dr E
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
8
ROOMS
S11939305
MLSID
Contact Us
Property Description
This Charming Neighbourhood is Ideal for Families. This North Ward Home is Full of Potential and Just Needs a Bit of TLC. It Boasts a Spacious, Fenced-in Yard with Mature Trees, Offering Plenty of Privacy. You'll Also Enjoy Deeded Access to a Waterfront Park and the Scenic Millennium Trail, which leads to Lake Couchiching. The Home Features 3 Bedrooms, 1 Bathroom, and a Rec Room Ready for your Personal Touch. Plus, There's a Bonus Bunkie with Hydro, Heat Pump and Wi-Fi, Providing Extra Space for Your Family. Hygrade Metal Roof with Lifetime Warranty on the home.Take Advantage of the Nearby Schools, Charming Orillia Downtown Shops, Recreation Center, and a Variety of Restaurants.
Extras
There is a Bonus Bunkie, With Heat Pump, Hydro & Wi-Fi - completed Nov. 2024.
Property Features
Beach, Fenced Yard, Golf, Lake Access, Park, School
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
70' x 175'
Fronting
East
Taxes
$3,696 (2024)
Basement
Unfinished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.98' x 16.99'Hardwood Floor, O/Looks Frontyard, Large Window
KitchenMain8.27' x 21.49'O/Looks Backyard, Eat-In Kitchen, Access To Garage
Prim BdrmUpper10.60' x 12.37'Hardwood Floor, Large Closet, O/Looks Backyard
2nd BrUpper8.17' x 12.17'Hardwood Floor, Large Closet, O/Looks Frontyard
3rd BrUpper8.99' x 8.99'Hardwood Floor, Large Closet, O/Looks Frontyard
RecLower10.99' x 20.47'Above Grade Window, Above Grade Window
LaundryLower8.99' x 19.78'
Orillia Market Statistics
Orillia Price Trend
554 Drinkwater Dr E is a 3-bedroom 1-bathroom home listed for sale at $589,500, which is $305,829 (107.8%) 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 1-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 Century 21 Lakeside Cove Realty Ltd.
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