63 SCOTT Street, Orillia, ON

$449,900
MLS#:S10435534
2 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $449,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 40 x 80 ft lot
  • Features a ["unfinished", "partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Water Heater, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Welcome to this charming two-story home nestled in the heart of a lakeside community, offering a perfect blend of old-world charm and modern upgrades. Situated in the central Orillia lakeside neighborhood, this property presents an excellent investment opportunity, especially with its proximity to a luxury town development nearing completion. Just a short stroll away, you'll find yourself at Couchiching Beach Park, where recreational amenities like the Lightfoot Trail await. Venture a block further along the lakeside, and you'll discover the local Legion and the bustling Main Street Orillia shopping district. From both levels of the home, enjoy glimpses of Lake Couchiching, adding to the allure of the location. Inside, the home has undergone significant updates, including a new 4-piece bathroom, refreshed drywall and trim, interior and exterior paint, upgraded electrical fixtures, and new flooring in the kitchen and bathrooms. A convenient addition is the new main floor two-piece bathroom. The kitchen boasts updated cabinets, complemented by a new electrical ground fault breaker and thermopane windows throughout, featuring aluminum window capping. Other recent improvements include new roof shingles, a forced air natural gas system, a hot water tank, and a spacious 12' x 12' deck. With low utility overheads and maintenance costs projected for years to come, this property offers a compelling proposition. At its current price point, there's ample room for further investment, ensuring competitiveness with new developments in the area. For instance, there's potential for a future build of a double garage with a second-story apartment, offering strong income prospects. Additionally, the main floor presents the opportunity for a master bedroom within the existing footprint, all at a reasonable cost.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStucco (Plaster)
Lot Size40 × 80 Feet
CountySimcoe
Annual Tax$2,053
Legal DescriptionLT 15 W/S SCOTT ST PL 407 ORILLIA; ORILLIA

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Fenced Yard

Community Features

Location

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63 SCOTT 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 63 SCOTT Street, Orillia, ON L3V 4R3

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$359,920
Monthly Mortgage$2,091
Property Tax (Est.)$171
Utilities & Maint.$350
Total Monthly Cost$2,612

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Orillia.

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$688,399

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
Couchiching Heights
Public455 Laclie Street, Orillia, Ontario, L3V 4P7
4.6

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.