60 South Street, Orillia, ON

$298,000
MLS#:S9047577
0 beds
0 baths
Residential Freehold
60 South Street P3/P4, Orillia, ON L3V 3S9
⚠️

Property no longer active

This property was sold on October 21, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other vacant land located in the coveted neighborhood of Orillia. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $298,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 50.31 x 155.06 ft lot size
  • 0.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Other

Description

Fantastic Opportunity. To Build a Duplex (2 Units Side by Side) All preparation is done! Ready to Apply for Permit. One of the Best Lot in Orillia (Cul-de-sac) Can be sold Separately or Together with P3/P4. Part 4 Has Utility on the property (Water, Gas, Hydro)

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Property Summary

This vacant land located at 60 South Street, Orillia is currently for sale and has been available on SousaSells for 748 days. This property is listed at $298,000 with an estimated mortgage of $992* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 60 South Street, Orillia is in the Orillia neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Orillia, Orillia.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Vacant Land architecture in Orillia, Orillia
  • Convenient parking space for 0.0 vehicle
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 21, 2024
Sold price information is available to members only
Listed Date7/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Architectural StyleOther
ConstructionOther
Lot Size50.31 × 155.06 Feet
CountySimcoe
Annual Tax$0
Legal DescriptionSouth st pean 395 PT Lots 94/95RP 51R43447 Part 1; South st pean 395 PT Lots 94/95 RP 57R43447 Part 2

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeOther

Heating & Cooling

Features

Property Features

  • Cul de Sac/Dead End
  • Fenced Yard
  • Park
  • Public Transit
  • School

Interior Features

  • Other

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 60 South Street, Orillia, ON

Q.What is the asking price for 60 South Street, Orillia, ON ?

The current listing price for 60 South Street, Orillia, ON in Orillia, Orillia is $298,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 60 South Street, Orillia, ON ?

60 South Street, Orillia, ON is a Vacant Land (Other) featuring a basement.

Q.What key property features does 60 South Street, Orillia, ON offer?

Key property features include: Cul de Sac/Dead End, Fenced Yard, Park, Public Transit, School.

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 0.0 vehicle (Other).

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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60 South Street, Orillia, 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 60 South Street P3/P4, Orillia, ON L3V 3S9

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 Orillia.

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Interest Rate4.00%
Down Payment$89,400 (30.0%)
* Minimum Canadian down payment required for this price is $14,900.
Amortization Period30 Years
Estimated Monthly Payment$992Based on a loan of $208,600 over 30 years.
Purchase Price$298,000
Loan Amount$208,600
Provincial Land Transfer Tax:$2,945
Total Estimated Closing Taxes:$2,945

About Purchasing a Home in Orillia, ON

For a property listed at $298,000 in Orillia, the legal minimum down payment is $14,900 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 $2,945 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 $2,945.

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Orillia, Orillia Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,130

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%

Best Schools in Orillia, Orillia

Elementary Schools

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Regent Park
Public485 Regent Street, Orillia, Ontario, L3V 4E2
3.9

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Orillia, Orillia Demographic Home information

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.