308 Cherry Street, Tay, ON

$550,000
MLS#:S12002350
3 beds
1 baths
7.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Waubaushene. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Premium 62.8 x 162.71 ft lot size
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 7.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

SPACIOUS LOT, INGROUND POOL & TONS OF POTENTIAL! This 2-storey home is bursting with potential, offering nearly 1,600 sq. ft. and an incredible opportunity to create a stylish and personalized space. Ideally located just minutes from Waubaushene Beach, a marina, parks, and trails with quick access to Hwy 12 and Hwy 400 for an easy commute, it is peacefully set on a quiet and mature street with great neighbours. The spacious 62 x 162 ft. corner lot provides plenty of outdoor space, two sheds for extra storage, a partially fenced layout for added privacy, and a large inground pool perfect for summer entertaining. Practicality meets convenience with a well-maintained attached 1-car garage, a spacious driveway accommodating up to six vehicles, and a durable metal roof. Warm wood accents add charm and character, creating a cozy atmosphere. The well-equipped eat-in kitchen features a gas stove and sightlines into the bright living room, making it an excellent space for everyday living. Large windows flood the space with natural light, enhancing the open feel of the living area. The three-bedroom layout includes a main floor bedroom for added convenience, plus a second-floor bonus space that makes an ideal office or kids' playroom. Owned by the same family for three generations, this home has been well cared for, showcasing true pride of ownership. Whether you want to highlight its existing character or completely transform it with modern updates, this home is ready for your vision and a rare opportunity to make it truly one of a kind. Don't miss your chance to bring your vision to life and make this #HomeToStay!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 14, 2025
Sold price information is available to members only
Listed Date3/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size62.8 × 162.71 Feet
CountySimcoe
Annual Tax$2,533
Legal DescriptionLT 30 W/S CHERRY ST PL 248 TAY; TAY

Parking & Garage

Parking Spaces7.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Beach, Lake/Pond, Park, Other, School

Community Features

Location

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308 Cherry Street, Tay, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Waubaushene, Tay.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$606,714

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

Victoria Harbour Victoria
PublicTay, Ontario
3.3

Secondary Schools

No secondary schools data loaded.

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 308 Cherry Street, Tay, ON L0K 2C0

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$440,000
Monthly Mortgage$2,557
Property Tax (Est.)$211
Utilities & Maint.$350
Total Monthly Cost$3,118

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 Tay.

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.