Norfolk, Simcoe, N3Y 1B3
$529,750
Listed by RE/MAX REAL ESTATE CENTRE INC..
Here is a HOT deal for you. Just reduced for quick sale. This fantastic 128.25 x 197.78 foot lot, with 24,993.78 sq ft being 0.58 of an acre, has an R1 Zoning, allows for an ARDU, (Additional Residential Dwelling Unit). So you can build for the future and now with this news release, Deputy Prime Minister Chrystia Freeland announced that starting January 15, 2025, Canadians will be able to access up to 90% of their homes value through default-insured mortgage refinancing to build secondary suites. That is one idea for you to consider here, or put in a basement apartment, access through the left side of the garage directly into the apartment area. Many possibilities here. House is well built in 1959, steel beamed and high basement. Kitchen and baths older but an easy fix. Large side deck from the the kitchen over the garages, with 2 steps down into the rear yard. Great elevation on this end of Cherry Street for water run-off. This nice looking ranch bungalow has good street presence, with a driveway to accomodte 6 cars. Home has 3 bedrms, 1 4pce on main, w/ recrm, 1 bedrm and bathroom in lower level. ARDU building permit package available up request. Close to Norfolk County Fairgrounds and Simcoe Memorial Park, Sobeys Simcoe on Norfolk St Sth.
Deputy Prime Minister Chrystia Freeland announced that starting January 15, 2025, Canadians will be able to access up to 90% of their homes value through default-insured mortgage refinancing to build secondary suites.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: