55 Elgin Ave

Simcoe, Norfolk, N3Y 4A6
FOR SALE
$490,000
55 Elgin Ave, Norfolk
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
55 Elgin Ave
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
12
ROOMS
X8274976
MLSID
Contact Us
Property Description
Welcome home to 55 Elgin Ave, Simcoe. This stunning home offers 4 generously sized bedrooms, 2 bathrooms and has lots of upgrades. Located close to great schools, shopping, parks, and has amazing neighbours! The first thing you will notice is the large covered front porch, this is the perfect place to sip your morning coffee. Step inside to the spacious foyer, offering plenty of space to move around and greet your guests. The main floor features a thoughtfully laid-out floor plan, seamlessly connecting each room creating a wonderful flow. The neutral paint colour throughout (2024) creates a welcoming atmosphere. Recent updates include a brand new kitchen in 2024, featuring white cabinets with soft- close drawers, laminate countertops, and new flooring. The large dining room can comfortably seat 8-10 people. The second level has four large bedrooms, all carpeted and were professionally cleaned in 2024. The industrial-themed four-piece bathroom on the second level is close to the bedrooms, while the two-piece bathroom on the main floor, featuring new flooring (2024), provides added convenience for your guests. Dive into summer fun with the above-ground pool, complete with a recently replaced liner in 2021. The backyard is fully fenced and has an outdoor dog kennel offering privacy and security for your furry friends. A highlight of the property is the large detached garage, boasting 396 sqft of space and is equipped with hydro for all your storage and workshop needs. Additional features include a large sunroom, where every moment is bathed in the warm glow of natural light, patio door access to the back deck, new roof in 2016 and plenty of room for storage in the basement. The property has been meticulously maintained and is move-in ready. Dont miss out on the opportunity to make this beautiful property your forever home. Dont forget to check out the feature sheet for the full list of upgrades.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-18 2024-04-26 8 $449,900 - Terminated
Property Features
Arts Centre, Golf, Hospital, Library, Park, School
Property Details
Street
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
62' x 85'
Acreage
< .50
Fronting
East
Taxes
$3,107 (2023)
Basement
Full, Unfinished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FoyerMain12.99' x 8.07'
LivingMain16.01' x 17.85'
SunroomMain13.16' x 8.33'
DiningMain12.99' x 11.32'
KitchenMain17.32' x 8.07'
BreakfastMain8.01' x 8.99'
Br2nd12.99' x 13.32'
Br2nd11.52' x 13.09'
Br2nd15.26' x 12.99'
Br2nd13.25' x 8.01'
Norfolk Market Statistics
Norfolk Price Trend
55 Elgin Ave is a 4-bedroom 2-bathroom home listed for sale at $490,000, which is $276,750 (36.1%) lower than the average sold price of $766,750 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 4 bedroom home in Norfolk declined by $145,750 (16.0%) compared to the previous 30 day period (March 9 - April 7) and up $366,750 (91.7%) from the same time one year ago.
Inventory Change
There were 7 4-bedroom homes listed in Norfolk over the last 30 days (April 8 - May 7), which is down 0.0% compared with the previous 30 day period (March 9 - April 7) and up 16.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Norfolk typically sold ($30,425) (4.0%) below asking price over the last 30 days (April 8 - May 7), which represents a $7,024 increase compared to the previous 30 day period (March 9 - April 7) and ($49,900) 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 (April 8 - May 7) stood at 57.1%, down from 57.1% over the previous 30 days (March 9 - April 7) and up from 16.7% 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 30 days when successfully sold over the last 30 days (April 8 - May 7), compared to 172 days before being removed from the market upon being suspended or terminated.
Listing contracted with Revel Realty Inc.
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