68 Sherwood Street, Orangeville, ON

$1,049,000
MLS#:W8410866
3 beds
3 baths
2000-2500 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 17, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Backsplit 4 detached located in the coveted neighborhood of Orangeville. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,049,000 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 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 40.06 x 114.93 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Capability, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your dream home! This 4-level "Dover" model backsplit features an open concept main floor with soaring vaulted ceilings and an updated kitchen boasting quartz countertops, modern subway tile backsplash, stainless steel appliances and brand new luxury vinyl plank flooring throughout. Walkout to your covered deck to barbecue in any weather! Enjoy 3 spacious bedrooms, including a luxurious primary suite with a completely updated spa-like 5 pc ensuite complete with a standalone tub and glass shower stall. Step down into the above grade family room/office space, with kitchenette and above grade windows as well as a 3 pc bath with shower - easily convertible to a walkout with potential for an in-law or nanny suite. The lower level features a theatre room and rec room offering additional flex space and room for the entire family. This home offers incredible flexibility. Located in the coveted area of Settlers Creek, close to top-rated schools, parks, and all the amenities you could need. Great commuter location close to the 109 Bypass! Enjoy the private fenced yard perfect for relaxing and entertaining.

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Property Summary

This detached home located at 68 Sherwood Street, Orangeville is currently for sale and has been available on SousaSells for 771 days. This property is listed at $1,049,000 with an estimated mortgage of $3,492* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 68 Sherwood Street, 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
3
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 17, 2024
Sold price information is available to members only
Listed Date6/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 4
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size40.06 × 114.93 Feet
CountyDufferin
Annual Tax$6,084.19
Legal DescriptionLOT 61, PLAN 7M-11, ORANGEVILLE

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Rec./Commun.Centre, School, Fenced Yard

Interior Features

Auto Garage Door Remote, In-Law Capability, Water Heater

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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68 Sherwood Street, 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 68 Sherwood Street, Orangeville, ON L9W 5E6

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$314,700 (30.0%)
* Minimum Canadian down payment required for this price is $209,800.
Amortization Period30 Years
Estimated Monthly Payment$3,492Based on a loan of $734,300 over 30 years.
Purchase Price$1,049,000
Loan Amount$734,300
Provincial Land Transfer Tax:$17,455
Total Estimated Closing Taxes:$17,455

About Purchasing a Home in Orangeville, ON

For a property listed at $1,049,000 in Orangeville, the legal minimum down payment is $209,800 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 $17,455 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 $17,455.

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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.