424 Forest Avenue, Orillia, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $300,000 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50 x 132 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Other
- Efficient baseboard heating via electric
Description
Welcome to 424 Forest Avenue South, a fantastic investment opportunity in Orillia. Situated on a generously sized lot in a quiet, established neighbourhood just minutes from Smith's Bay, this home is brimming with potential. Whether you're a first time home buyer looking for a starter home, investor, renovator, or property flipper, you'll appreciate the solid bones and the versatility of this property. The R2 zoning adds additional value, opening the door to further income-generating possibilities. With some TLC, this property could be transformed into a charming residence or lucrative investment property. This property offers a blank slate for those with vision. Don't miss your chance to unlock the potential of this hidden gem in a great location.
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Property Summary
This detached home located at 424 Forest Avenue, Orillia is currently for sale and has been available on SousaSells for 385 days. This property is listed at $300,000 with an estimated mortgage of $999* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 424 Forest Avenue, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Orillia, Orillia.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 424 Forest Avenue, Orillia, ON
Q.What is the asking price for 424 Forest Avenue, Orillia, ON ?
The current listing price for 424 Forest Avenue, Orillia, ON in Orillia, Orillia is $300,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 424 Forest Avenue, Orillia, ON ?
424 Forest Avenue, Orillia, ON is a Detached (Bungalow) featuring a Crawl Space basement.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 424 Forest Avenue S, Orillia, ON L3V 3Z9
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 $300,000 in Orillia, the legal minimum down payment is $15,000 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 $2,975 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 $2,975.
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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.