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Property Description
Discover this well-maintained affordable home, ideally situated close to many of Simcoe's finest amenities. Enjoy easy access to the town's only splash pad, ball park, the Christmas Panorama, Lynn River walking trails & a variety of shopping, all within walking distance of this centrally located bungalow. This charming bungalow boasts 2 bedrooms & 4pc bath on the main floor, complemented by a functional kitchen, spacious living & dining areas and a cozy gas fireplace. Large, bright windows & hardwood floors add to the home's character. The full basement offers a large rec room, laundry facilities & an additional room currently used as a 3rd bedroom, along with ample storage space.Step outside to a large, two-tier deck featuring a pergola & awning, overlooking a fully fenced yard- perfect for morning coffee or evening relaxation. Recent updates professional waterproofing of the entire basement with insulation and extra drainage(completed in 2018 at a cost of $20,000), freshly painted,
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Extras
new sump pump (18), new A/C unit (22) - on- demand hot water heater & water softener are owned. Windows, roof & furnace - 10 yrs old, roughed-in plumbing for a sink in the downstairs "bath"Single car garage offers room for extra storage.
Property Features
Fenced Yard, Golf, Hospital, Marina, Park, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Fronting
North
Taxes
$2,505 (2024)
Basement
Full, Part Fin
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.17' x 13.09' | Hardwood Floor, Fireplace |
| Dining | Main | 14.07' x 11.15' | Hardwood Floor |
| Kitchen | Main | 11.15' x 10.17' | |
| Br | Main | 12.17' x 11.25' | Hardwood Floor, Cedar Closet |
| 2nd Br | Main | 9.68' x 9.15' | Hardwood Floor, Cedar Closet |
| Laundry | Bsmt | 11.09' x 10.07' | |
| Rec | Bsmt | 17.32' x 20.41' | |
| Other | Bsmt | 14.04' x 11.09' | |
| Other | Bsmt | 13.94' x 13.16' |
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Norfolk Market Statistics
Norfolk Price Trend
125 North Main St is a 2-bedroom 1-bathroom home listed for sale at $450,000, which is $116,044 (20.5%) lower than the average sold price of $566,044 in the last 30 days (September 21 - October 20). During the last 30 days the average sold price for a 2 bedroom home in Norfolk declined by $40,933 (6.7%) compared to the previous 30 day period (August 22 - September 20) and down $74,356 (11.6%) from the same time one year ago.Inventory Change
There were 10 2-bedroom homes listed in Norfolk over the last 30 days (September 21 - October 20), which is up 11.1% compared with the previous 30 day period (August 22 - September 20) and down 23.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Norfolk typically sold ($17,011) (3.0%) below asking price over the last 30 days (September 21 - October 20), which represents a $19,288 decrease compared to the previous 30 day period (August 22 - September 20) and ($14,960) less 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 Norfolk over the last 30 days (September 21 - October 20) stood at 90.0%, down from 100.0% over the previous 30 days (August 22 - September 20) and up from 38.5% 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 Norfolk stood at 31 days when successfully sold over the last 30 days (September 21 - October 20), compared to 117 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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