53 Cherry Street, Norfolk, ON

$499,750
MLS#:X10425911
4 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $499,750 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 125.83 x 198.43 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Other
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Great lot measuring 128.25 feet x 197.78 feet, nice elevation for drainage. Lot is 24,993.78 sq ft, and just over a half acre as per Norfolk 0.58. This R1 zone allows for an Additional Residential Dwelling Unit, (ARDU). A step by Step building Permit Package is in documents. You can Build a 807 sq foot auxilary residence, so you can develope for your future. And if that is not in your cards, this all brick bungalow with 1370 sq ft on main + 525 lower is apprx 1895 in total, may just suite your needs. Kitchen, baths are older 1959. Kitchen has a walkout to a large deck over the built-in garages and step down to the rear lot. Steel beamed. Shingles 2012. Basement has a 4th bedrom, recrm, 4 pce, and walk out though the garage. Good Duplexing possibilities.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 9, 2024
Sold price information is available to members only
Listed Date11/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size125.83 × 198.43 Feet
CountyNorfolk
Annual Tax$3,865
Legal DescriptionLot 1 plan 583, Norfolk County

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Fenced Yard, Level, Park, School, Sloping

Community Features

Location

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53 Cherry Street, Norfolk, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Simcoe, Norfolk.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$591,645

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Elgin Avenue
Public80 Elgin Avenue, Simcoe, Ontario, N3Y 4A8
4.6
St Joseph's
Public34 Potts Road, Simcoe, Ontario, N3Y 2S8
6.5
West Lynn
Public18 Parker Drive, Simcoe, Ontario, N3Y 1A1
5.4
Lynndale Heights
Public55 Donly Drive, Simcoe, Ontario, N3Y 5G7
6.5

Secondary Schools

Simcoe
Public40 Wilson Drive, Simcoe, Ontario, N3Y 2E5
6.2
Holy Trinity
Public128 Evergreen Hill Road, Simcoe, Ontario, N3Y 4N5
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 53 Cherry Street, Norfolk, ON N3Y 1B3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$399,800
Monthly Mortgage$2,323
Property Tax (Est.)$322
Utilities & Maint.$350
Total Monthly Cost$2,995

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Norfolk.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.