74 PENETANG Street, Orillia, ON

$399,000
MLS#:S12620964
3 beds
1 baths
4.0 parking
Residential Freehold
74 PENETANG Street, Orillia, ON L3V 3N5
⚠️

Property no longer active

This property was sold on November 8, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $399,000 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 1 Bathroom
  • Premium 36 x 80 ft lot size
  • Features a unfinished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via electric

Description

Built circa 1900, this red brick Victorian home is ready for a facelift! It’s centrally located in Orillia's north ward, around the corner from Lions Oval Public School and steps from downtown. Picture yourself relaxing on the enclosed front porch, 6ft. x 22ft. The main floor includes a spacious foyer, separate living and dining rooms with 9ft. ceilings, kitchen with laundry facilities and a walkout to the backyard. The second floor includes the main 4-pc. bathroom and 3 bedrooms with original hardwood floors. A third floor loft has great potential and the basement, approx. 6ft. high, is dry and functional for storage. There is a single attached garage, 12ft. x 22ft. with vinyl siding; the backyard is fenced. Being sold 'AS IS; by a non-occupying Estate Trustee. Offers considered any time.

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Property Summary

This detached home located at 74 PENETANG Street, Orillia is currently for sale and has been available on SousaSells for 678 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 3 beds, 1 bathroom, and is unknown square feet. 74 PENETANG 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?

Yes! Featuring 3 bedrooms and 1 bathroom, 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
  • 1 well-appointed bathroom
  • Desirable Detached architecture in Orillia, Orillia
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
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date9/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionVinyl Siding, Brick
BasementUnfinished, Full
Lot Size36 × 80
CountySimcoe
Annual Tax$2,749.99
Legal DescriptionPart Lot 1 Block F Plan 137 Orillia as in R0840852; Orillia

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Hospital

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 74 PENETANG Street, Orillia, ON

Q.What is the asking price for 74 PENETANG Street, Orillia, ON ?

The current listing price for 74 PENETANG Street, Orillia, ON in Orillia, Orillia is $399,000.

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

This property features 3 bedrooms and 1 bathroom.

Q.What property type and architectural style is 74 PENETANG Street, Orillia, ON ?

74 PENETANG Street, Orillia, ON is a Detached (2 1/2 Storey) featuring a Unfinished, Full basement.

Q.What key property features does 74 PENETANG Street, Orillia, ON offer?

Key property features include: Hospital.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 4.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via None.

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74 PENETANG 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 74 PENETANG Street, Orillia, ON L3V 3N5

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$119,700 (30.0%)
* Minimum Canadian down payment required for this price is $19,950.
Amortization Period30 Years
Estimated Monthly Payment$1,328Based on a loan of $279,300 over 30 years.
Purchase Price$399,000
Loan Amount$279,300
Provincial Land Transfer Tax:$4,460
Total Estimated Closing Taxes:$4,460

About Purchasing a Home in Orillia, ON

For a property listed at $399,000 in Orillia, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.

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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.