56 South St

Orillia, Orillia, L3V 3S9
FOR SALE
$750,000
56 South St, Orillia
56 South St
56 South St
56 South St
56 South St
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2 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
9 + 5
ROOMS
S9066206
MLSID
Contact Us
Property Description
Fully upgraded family home that is move-in ready, awaits you at 56 South Street, Orillia. This all brick bungalow is located in a mature neighbourhood on a quiet, low traffic street, with a large fenced in yard & a park just at the end of the no exit road. Offering ample parking with a large driveway, upgraded carport and garage. You'll be captivated by the curb appeal and extensive work and craftsmanship put into this beautiful property. Before you enter, you'll notice newer windows and doors throughout the home, as well as a new roof put on in 2019. As you enter the lovely covered front porch, you will see the attention to detail and beautiful finishes of the bright and open layout this property offers. Gorgeous hardwood floors through the dining and living room flow down the hallway into the bedrooms that harmonize with the elegant arched hallway and doorways. The gentle and bright new paint allows the light fixtures to compliment the entire space, feeling at home. The new kitchen with quartz countertops and lots of cabinetry space is perfect for families that love to cook. A fully updated 4 piece bathroom on the main floor with a master bedroom, and a spare bedroom that walk outs to the newer large back deck, offering privacy and space for relaxation and gatherings. Out back, you'll find a massive yard, with mature trees, a new shed with a port for equipment and tools, and your very own dog kennel space with a dog house to match! The dog kennel is accessible through the garage's back door that leads into the house's mudroom/pantry space. Downstairs, fully finished with pot lights, flooring, laundry room and bathroom, you'll find an extravagant rec room with a gas fireplace, storage, and two additional large bedrooms. This property has a new furnace, new hot water tank (owned), newer electrical, plumbing, insulation, eavestrough and more. Rest assured there are no big ticket items needed, and this home needs to be seen in person. Book your showing today!
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
53' x 208'
Acreage
< .50
Fronting
North
Taxes
$4,003 (2023)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain5.68' x 4.82'Tile Floor
DiningMain10.17' x 11.58'Hardwood Floor
KitchenMain10.50' x 9.74'
LivingMain14.24' x 15.26'Hardwood Floor
OfficeMain7.35' x 11.58'Hardwood Floor
Prim BdrmMain13.91' x 11.52'Hardwood Floor
2nd BrMain8.66' x 10.66'
RecBsmt14.07' x 25.43'
3rd BrBsmt17.09' x 10.83'W/I Closet
4th BrBsmt19.69' x 10.76'
Orillia Market Statistics
Orillia Price Trend
56 South St is a 2-bedroom 2-bathroom home listed for sale at $750,000, which is $196,900 (35.6%) higher than the average sold price of $553,100 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 2 bedroom home in Orillia declined by $16,900 (3.0%) compared to the previous 30 day period (July 22 - August 20) and up $5,850 (1.1%) from the same time one year ago.
Inventory Change
There were 8 2-bedroom homes listed in Orillia over the last 30 days (August 21 - September 19), which is down 55.6% compared with the previous 30 day period (July 22 - August 20) and down 55.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Orillia typically sold ($15,720) (2.8%) below asking price over the last 30 days (August 21 - September 19), which represents a $820 decrease compared to the previous 30 day period (July 22 - August 20) and ($14,200) less 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 2-bedroom homes in Orillia over the last 30 days (August 21 - September 19) stood at 125.0%, up from 38.9% over the previous 30 days (July 22 - August 20) and up from 44.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Orillia stood at 26 days when successfully sold over the last 30 days (August 21 - September 19), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Parker Coulter Realty Brokerage Inc.
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