48 Olive Crescent, Orillia, ON

$429,000
MLS#:S11884916
2 beds
2 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium aluminum siding and other construction, this residence presents an exceptional opportunity offered at $429,000 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.

  • 2 Bedrooms and 2 Bathrooms
  • Premium 50 x 150 ft lot size
  • Features a ["half", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Heater Owned
  • equipped with ["window unit(s)"] central cooling and highly efficient baseboard heating via electric

Dreamt of a detached freehold near Lake Simcoes shore? Here is your chance to put your touch on this 50 x 150-foot lot with ranch bungalow with loads of potential! Originally built as a 2-bedroom, 1 bathroom, an addition was later added with another bathroom and great room, easily converted to a 3rd bedroom and primary suite. When you first come into the home an oversized living space greets you. On the other side of the home kitchen, with entrance to the carport and a formal dining room. Don't miss all of the closets and large walk-in pantry. Down the hall two spacious bathrooms and a 4-piece bathroom await. Main floor laundry and to the addition wing of the house the second bathroom and huge back rec room with floor-to-ceiling stone fireplace, more closet space and access to the basement. Outside a large side deck and plenty of property for whatever your family's needs. Enjoy the convenience of a bus stop right out front. A quick walk to Kitchener Park's 25 acres, tennis courts, off-leash waterfront dog park, 2 baseball diamonds, soccer fields, basketball nets and horseshoe pits. Alternatively, take a 3 minute drive to Tudhope parks waterfront, paved bike path, splash pad, pickle ball courts, snack shacks, and more tennis courts and baseball diamonds. 5 minutes to downtown or the Hwy, this home and location couldn't be more perfect for you.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 17, 2024
Sold price information is available to members only
Listed Date12/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding, Other
Lot Size50 × 150 Feet
CountySimcoe
Annual Tax$3,577.94
Legal DescriptionPT LT 40 RCP 1708 ORILLIA PT 2, 51R12316; ORILLIA

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeCarport

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Window Unit(s)"]

Features

Property Features

Community Features

Location

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48 Olive Crescent, 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 48 Olive Crescent, Orillia, ON L3V 1G1

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$343,200
Monthly Mortgage$1,994
Property Tax (Est.)$298
Utilities & Maint.$350
Total Monthly Cost$2,642

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 Orillia.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$686,985

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

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Couchiching Heights
Public455 Laclie Street, Orillia, Ontario, L3V 4P7
4.6

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.