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Property Description
Welcome to 108 Colborne Street N, Simcoe. This charming property offers 4 bedrooms, 2 bathrooms and an array of upgrades. Perfectly positioned close to schools, shopping and parks, and with CRB zoning, the possibilities here are endless. Step inside and youll find freshly painted walls with contrasting baseboards and trim, creating a fresh inviting feel throughout. The main floor features a thoughtfully laid-out floor plan, seamlessly connecting the open-concept kitchen, dining and living areas to create a wonderful flow for comfortable living and entertaining. Bathed in natural light, the dining and living areas showcase newly refinished hardwood floors, while the kitchen boasts an updated backsplash and new LED pot lights. Cozy up by the gas fireplace in the dining room or unwind in the sunroom off the living room. Head up the newly refinished staircase and banister to the second level, where four spacious bedrooms await. This floor also features the main bathroom, which has been thoughtfully updated with a new backsplash and ceiling. The large attic and basement present opportunities to be developed into additional living space, making this home even more versatile. With the potential to easily convert the space into two separate units or a granny suite, the possibilities are limitless. Step outside to the deck overlooking the fenced backyard - an ideal setting for entertaining guests or enjoying peaceful evenings. The yard offers plenty of room for outdoor activities, gardening and relaxation. The original garage is currently used as a shed, providing additional storage space for your convenience. Notable updates include a 200-amp electrical panel, new hardware and light fixtures throughout. With its prime location, modern updates and versatile CRB zoning, 108 Colborne Street N is ready to become whatever you envision. Whether you're looking for your next home or a property with potential for a business venture, this property has it all.
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Extras
Construct. Material: Solid Brick, Metal/Steel Siding, Wood. Water Treatment: Reverse Osmosis / Water Softener. Other Structure: Fence Full. Driveway/ Surface / Open & Asphalt. Sunroom one season.
Property Features
Hospital, Library, Park, Place Of Worship, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Acreage
< .50
Fronting
West
Taxes
$2,821 (2024)
Basement
Full, Unfinished
Exterior
Brick, Metal/Side
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.76' x 16.08' | |
| Dining | Main | 12.34' x 14.76' | |
| Family | Main | 12.34' x 12.34' | |
| Kitchen | Main | 10.01' x 26.35' | |
| Sunroom | Main | 8.60' x 17.26' | |
| Prim Bdrm | 2nd | 12.01' x 25.98' | |
| Br | 2nd | 14.17' x 12.50' | |
| Br | 2nd | 9.09' x 10.99' | |
| Br | 2nd | 9.09' x 14.57' | |
| Other | 2nd | 6.27' x 10.60' |
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Norfolk Market Statistics
Norfolk Price Trend
108 Colborne St N is a 4-bedroom 2-bathroom home listed for sale at $574,900, which is $75,100 (11.6%) lower than the average sold price of $650,000 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 4 bedroom home in Norfolk declined by $30,000 (4.4%) compared to the previous 30 day period (October 18 - November 16) and down $92,500 (12.5%) from the same time one year ago.Inventory Change
There were 9 4-bedroom homes listed in Norfolk over the last 30 days (November 17 - December 16), which is up 350.0% compared with the previous 30 day period (October 18 - November 16) and up 350.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Norfolk typically sold ($49,900) (7.7%) below asking price over the last 30 days (November 17 - December 16), which represents a $23,634 decrease compared to the previous 30 day period (October 18 - November 16) and ($61,950) 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 4-bedroom homes in Norfolk over the last 30 days (November 17 - December 16) stood at 33.3%, down from 150.0% over the previous 30 days (October 18 - November 16) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Norfolk stood at 61 days when successfully sold over the last 30 days (November 17 - December 16), compared to 125 days before being removed from the market upon being suspended or terminated.Listing contracted with Revel Realty Inc.
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