283 East Street, Orillia, ON

$499,900
MLS#:S9016888
4 beds
2 baths
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $499,900 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 with 2 functional kitchens
  • Premium 24.33 x 35.05 ft lot size
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Centrally located purpose built legal duplex with 2 driveways ideal for multi vehicle parking plus a detached garage. Unit 1 is the ground floor with open concept kitchen living dining area, 2 large bedrooms, a 4 piece bathroom, insuite laundry and 2 parking spots right outside the door. Unit 2 is upstairs and also offers a bright and spacious kitchen living dining area, 2 large bedrooms, 3 piece bathroom, a balcony, and 2 parking spots. Separate hydro meters, separate utility room with natural gas furnace, new membrane roof (2019), new dark brown siding (2023) new hot water tank unit 2 (2024) new hot water tank unit 1 (2021) and 2 sheds. Corner lot is fenced and hedged for privacy.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 19, 2024
Sold price information is available to members only
Listed Date7/8/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionStucco (Plaster)
Lot Size24.33 × 35.05 Metres
CountySimcoe
Annual Tax$3,640
Legal DescriptionLT 10 W/S EAST ST BLK 4 PL 388 ORILLIA; ORILLIA

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Public Transit, Park, Library, Hospital

Community Features

Location

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283 East Street, Orillia, ON
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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 283 East Street, Orillia, ON L3V 4C1

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$399,920
Monthly Mortgage$2,324
Property Tax (Est.)$303
Utilities & Maint.$350
Total Monthly Cost$2,977

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Orillia.

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.