7 Grace Avenue, Orillia, ON

$679,900
MLS#:S9272048
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
7 Grace Avenue, Orillia, ON L3V 2K3
⚠️

Property no longer active

This property was sold on September 14, 2024. 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 other construction, this residence presents an exceptional opportunity offered at $679,900 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 1100-1500 sqft on a premium 96 x 150 ft lot
  • Features a partial basement, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned, Auto Garage Door Remote, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A bungalow in Orillia's North-Ward is always "THE RIGHT MOVE". NEIGHBOURHOOD: Mix of first time, family & retirees. LOT: Good sized 96 x 150 foot level lot with tons of privacy and beautiful mature trees giving a rural setting/feeling. ENTERTAINING BACKYARD: Multi-level decking, gazebo, raised vegetable/herb gardens, fenced yard. THE FLOOR PLAN: Over 1400 square feet on the main floor. The bright and very large main floor great room has vaulted ceilings, gas fireplace, large picture window and sliding doors to rear deck. Its a gorgeous space. An additional separate dining area with plenty of room for all the relatives. The main floor bathroom has been updated. 3 bedrooms on the main floor. In the basement, a very large finished rec-room with newer laminate flooring has the potential for a 4th bedroom. 2 large windows allow for plenty of light. Laundry & 2 pc bath on this level as well as an additional area for a workshop and ample storage. FEATURES: 2 year old gas furnace. An A/C unit in the garage ready to be installed but the old one still works just fine. Updated Electrical. GOOD TO KNOW: local bus route, walk to schools, playground, shopping conveniences nearby.

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Property Summary

This detached home located at 7 Grace Avenue, Orillia is currently for sale and has been available on SousaSells for 708 days. This property is listed at $679,900 with an estimated mortgage of $2,263* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 7 Grace Avenue, 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?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Orillia.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 14, 2024
Sold price information is available to members only
Listed Date8/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionOther
BasementPartial Basement, Full
Lot Size96 × 150 Feet
CountySimcoe
Annual Tax$4,302.49
Legal DescriptionLT 42 PL 1245 SOUTH ORILLIA CITY OF ORILLIA

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater Owned
  • Auto Garage Door Remote
  • Primary Bedroom - Main Floor
  • Sump Pump

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 7 Grace Avenue, Orillia, ON

Q.What is the asking price for 7 Grace Avenue, Orillia, ON ?

The current listing price for 7 Grace Avenue, Orillia, ON in Orillia, Orillia is $679,900.

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

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 7 Grace Avenue, Orillia, ON ?

7 Grace Avenue, Orillia, ON is a Detached (Bungalow) featuring a Partial Basement, Full basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned, Auto Garage Door Remote, Primary Bedroom - Main Floor, Sump Pump.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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7 Grace Avenue, 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 7 Grace Avenue, Orillia, ON L3V 2K3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$203,970 (30.0%)
* Minimum Canadian down payment required for this price is $42,990.
Amortization Period30 Years
Estimated Monthly Payment$2,263Based on a loan of $475,930 over 30 years.
Purchase Price$679,900
Loan Amount$475,930
Provincial Land Transfer Tax:$10,073
Total Estimated Closing Taxes:$10,073

About Purchasing a Home in Orillia, ON

For a property listed at $679,900 in Orillia, the legal minimum down payment is $42,990 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 $10,073 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 $10,073.

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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.