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BEDROOMS1
BATHROOMS1
KITCHENS4 + 3
ROOMSS4188565
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Property Description
Bright, Spacious Raised Bungalow In Quiet Residential Area Close To Schools And Restaurants. Easy Access To Highways 11/12 And Orillia Transit. Well Lit, Finished Basement Has 2 Bedrooms W/Windows, Laundry/Utility Room And Large Recreation Room. 1 And 1/2 Width Driveway And A Single Car Garage. Fenced (Privacy) And Gated Back Yard. New Shingles 2016.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1100-1500
Lot Size
43' x 98'
Acreage
< .50
Fronting
North
Taxes
$3,345 (2017)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Master | Main | 14.40' x 11.32' | |
| 2nd Br | Main | 12.66' x 13.91' | |
| Kitchen | Main | 11.91' x 22.41' | |
| Living | Main | 12.07' x 20.93' | |
| 3rd Br | Bsmt | 12.40' x 13.32' | |
| 4th Br | Bsmt | 11.25' x 11.25' | |
| Rec | Bsmt | 19.42' x 27.10' |
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Orillia Market Statistics
Orillia Price Trend
10 Rachael Rd is a 2-bedroom 1-bathroom home listed for sale at $399,900, which is $275,100 (40.8%) lower than the average sold price of $675,000 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom home in Orillia declined by $25,000 (3.6%) compared to the previous 30 day period (February 9 - March 9) and down $40,000 (5.6%) from the same time one year ago.Inventory Change
There were 11 2-bedroom homes listed in Orillia over the last 30 days (March 10 - April 8), which is up 175.0% compared with the previous 30 day period (February 9 - March 9) and up 57.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Orillia typically sold ($14,000) (2.1%) below asking price over the last 30 days (March 10 - April 8), which represents a $10,900 increase compared to the previous 30 day period (February 9 - March 9) and ($20,816) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Orillia over the last 30 days (March 10 - April 8) stood at 18.2%, down from 25.0% over the previous 30 days (February 9 - March 9) and down from 85.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Orillia stood at 8 days when successfully sold over the last 30 days (March 10 - April 8), compared to 33 days before being removed from the market upon being suspended or terminated.Listing contracted with Comfree Commonsense Network, Brokerage
Similar Listings
First time offered for Sale in over 45 years. A wonderful consideration for 1st time home buyers or retirees, looking to downsize. Spacious 2 bedroom home, is larger than it looks, with the added bonus areas of 4 season sunroom along the front of the house and large recreation room, (was originally an attached garage, could possibly be converted back to garage). Knob and Tube electric wiring completely updated in 2024, with the added consideration to prepare additional wiring above ceiling tiles in recreational room for future electrical needs in that general area. Home has been freshly scrubbed and painted. A wonderful facelift ready for the next family to enjoy. Great layout, with spacious common / principal area rooms, kitchen has a pantry type space or would be ideal for stackable washer and dryer to be installed. Patio doors onto large, older back deck, with views over the large country sized backyard. Great space for the children and pets to play. Two backyard sheds, ideal to store all your outdoor toys and tools. Lawnmower and Snow Blower are included. Economical hot water radiator heat serviced by newer hot water on demand system. Great option to finish the attic space, existing stairs to access, already with newer windows. Inexpensive utility costs: Enbridge gas EMPP installments $179.00/month; Hydro $50.00 to $75.00/month. There is an existing maintenance plan with Reliance $29.64 per month, not transferrable. However, is an indication that the equipment has been well maintained.
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Location, Location, Location! Wonderful Mature Neighbourhood- Walking Distance To Couchiching Beach, Port Of Orillia, Walking Trails & Downtown Amenities. This Charming Home Sits On A Large, Private Lot And Offers A Great Opportunity For First Time Home Buyers, Downsizers Or Investors. With Its Spacious Layout And Over 1,200 Sq Ft Of Finished Space, This House Is A Canvas Waiting For Your Personal Touch. 3 Bedrooms, 1 Bathroom & Rough In For Toilet On Main Floor. Upgrades Include: Roof- 2021, Windows- 2018, Furnace- 3 months, A/C- 2023.
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Investment Opportunity with many options! Use current structure as a fixer-upper, future registered Duplex, possible severance of the lot, or a development. Bring your ideas and see how this property could fit into your future portfolio! House is gutted and is in as-is condition. The Seller and Sellers Representatives make no representations or warranties on its suitability for occupancy. The house on the property was never occupied by the current owner.
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