38 North Street, Orillia, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $589,999 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 60 x 150 ft lot
- Features a partially finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Functional. Inviting. Well-Located. Set in Orillia's North Ward, this all-brick bungalow offers a thoughtful layout and versatile living spaces, ideal for both growing families and those looking to downsize without compromise. A private, fully fenced backyard provides a quiet outdoor retreat, while a separate entrance to the basement introduces excellent potential for in-law capability or flexible multi-generational living.The main level features a spacious, open-concept kitchen complete with solid wood cabinetry, a centre island, and a walkout to the rear yard, seamlessly connecting indoor and outdoor living. A separate dining area with access to a covered deck extends the space for everyday living and entertaining. Two well-proportioned bedrooms and an updated bathroom complete the main floor.The partially finished basement adds further functionality with two additional bedrooms, a generous recreation space, and an open laundry area with utility sink. Notable updates include the roof and furnace, both completed in 2019, offering added peace of mind.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 38 North Street W, Orillia, ON L3V 3S5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $589,999 in Orillia, the legal minimum down payment is $34,000 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 $8,275 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,275.
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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.