393 Homewood Avenue, Orillia, ON

$600,000
MLS#:S10404752
3 beds
2 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $600,000 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 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 49.72 x 135.5 ft lot
  • Features a full, crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: In-Law Capability, Suspended Ceilings, Upgraded Insulation
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

A perfect spot to call home. This home has been lovingly maintained and updated over the years. A good solid home in great condition. Located in a mature, safe , family friendly neighborhood in West Orillia. It has a spectacular, fenced, backyard that backs onto Homewood Park. Ideal for pets and children. A versatile layout with a side entrance from the carport that takes you to lower-level family room with gas fireplace & large windows & a combined laundry/bathroom. (Potential for student or in-laws to have their own space). The main floor features a spacious, eat- in kitchen with abundant cabinetry and a main floor living room with hardwood floors & large bay window overlooking front yard. The upper level features a full bathroom and three bedrooms and a walkout to a large south facing deck. The deck has a gas hook up for your barbeque and an awning for shade. Plenty of parking in the double paved driveway & carport with steel roof. There is an option for even more parking by utilizing the large concrete and uni-stone patio behind the carport. A bonus shed, with hydro, serves as a small workshop. Beautiful perennial gardens. Upgraded with spray foam insulation in the crawl space , makes for a worry free home, at an affordable price. Fast closing available. See website for more information and feature sheet.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 11, 2024
Sold price information is available to members only
Listed Date11/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionAluminum Siding
BasementFull, Crawl Space
Lot Size49.72 × 135.5 Feet
CountySimcoe
Annual Tax$3,104
Legal DescriptionLT 27 S/S HOMEWOOD AV PL 638 SOUTH ORILLIA; ORILLIA

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School, Library

Interior Features

In-Law Capability, Suspended Ceilings, Upgraded Insulation, Water Heater Owned

Security Features

Community Features

Location

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393 Homewood 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 393 Homewood Avenue, Orillia, ON L3V 3K9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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 Rate5.25%
Down Payment$35,000 (5.8%)
* Minimum Canadian down payment required for this price is $35,000.
Amortization Period25 Years
Estimated Monthly Payment$3,367Based on a loan of $565,000 over 25 years.
Purchase Price$600,000
Loan Amount$565,000
Provincial Land Transfer Tax:$8,475
Total Estimated Closing Taxes:$8,475

About Purchasing a Home in Orillia, ON

For a property listed at $600,000 in Orillia, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.

Nearby Listings

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No current listings found in Orillia.

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City & 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$717,817

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%

Local Schools Guide

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

Homes & Housing

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.