40 Highland Drive, Orangeville, ON

$719,900
MLS#:W10877643
3 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 4, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow semi-detached located in the coveted neighborhood of Orangeville. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $719,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 30 x 120 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater, Water Softener, Workbench
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to a charming bungalow, perfectly ready for your family to call home! This well-maintained property has been loved by one owner for over 50 years, and now it's time for anew family to create their own memories. The fresh curb appeal, featuring a brand-new front door and bow window, invites you inside, where you'll find updated finishes and a spacious layout that's perfect for everyday family life or for those looking to down size to single level living. The modern wide-plank vinyl flooring throughout, updated light fixtures, and fresh paint create a welcoming vibe, while the large living area lets you watch your kids head off to school through the catwalk across the street right into the school yard. The family-friendly eat-in kitchen is ready for all of your cooking and meal prep needs, with stylish white cabinetry and new hardware. With three spacious bedrooms and updated bathrooms, this home offers plenty of room for your growing family. Downstairs, the finished rec area is a versatile space whether it becomes a cozy TV room, a playroom, or a fun hangout for the kids. The basement also holds potential for an in-law suite, thanks to a layout that could easily accommodate a separate entrance. Tucked away on a quiet street filled with well-cared-for homes, and with public transportation just a short walk away. The fenced backyard is just as inviting, with beautiful gardens full of perennials and a cute garden shed for all of your tools. This home is ready for its next family to move in and make it their forever home. Don't miss out on the opportunity to create your dream family life here!

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Property Summary

This detached home located at 40 Highland Drive, Orangeville is currently for sale and has been available on SousaSells for 599 days. This property is listed at $719,900 with an estimated mortgage of $2,396* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 40 Highland Drive, Orangeville is in the Orangeville neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 4, 2024
Sold price information is available to members only
Listed Date11/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural StyleBungalow
ConstructionBrick
BasementPartially Finished
Lot Size30 × 120 Feet
CountyDufferin
Annual Tax$4,076.52
Legal DescriptionPT LT 265, PL 100, AS IN MF48280 ; S/T MF34063 ORANGEVILLE

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, School, School Bus Route

Interior Features

Water Heater, Water Softener, Workbench

Security Features

Community Features

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Location

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40 Highland Drive, Orangeville, 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 40 Highland Drive, Orangeville, ON L9W 2Y3

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orangeville.

Configure Loan Settings

Interest Rate4.00%
Down Payment$215,970 (30.0%)
* Minimum Canadian down payment required for this price is $46,990.
Amortization Period30 Years
Estimated Monthly Payment$2,396Based on a loan of $503,930 over 30 years.
Purchase Price$719,900
Loan Amount$503,930
Provincial Land Transfer Tax:$10,873
Total Estimated Closing Taxes:$10,873

About Purchasing a Home in Orangeville, ON

For a property listed at $719,900 in Orangeville, the legal minimum down payment is $46,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,873 for this transaction. As this listing is in Orangeville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,873.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,290

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

St Peter
Public46 Dawson Road, Orangeville, Ontario, L9W 2W3
5.8
Parkinson Centennial
Public120 Lawrence Avenue, Orangeville, Ontario, L9W 1S8
3.1
Princess Elizabeth
Public51 Elizabeth Street, Orangeville, Ontario, L9W 1C5
4.4
St Andrew
Public50 Meadow Drive, Orangeville, Ontario, L9W 3Z1
5.1
Orangeville
Public22 Faulkner Street, Orangeville, Ontario, L9W 2G7
6.0

Secondary Schools

Orangeville
Public22 Faulkner Street, Orangeville, Ontario, L9W 2G7
5.6
Westside
Public300 Alder Street, Orangeville, Ontario, L9W 5A2
5.5

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.