53 CHERRY STREET Active

Norfolk (simcoe),ON N3Y1B3

$ 529750

4 Beds

2 Baths

1099 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $482

Subdivision Simcoe

MLS Listing ID X9249000

Style Bungalow

Bedrooms 4

Originating Board Toronto Regional Real Estate Board

Property Description

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. **** EXTRAS **** 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. (id:24570)

Location

Province ON

Rooms

Extra Room 1 Lower level Measurements not available Laundry room

Extra Room 2 Lower level 5.8 m X 3.8 m Workshop

Extra Room 3 Lower level 3.75 m X 2.6 m Bedroom

Extra Room 4 Lower level Measurements not available Bathroom

Extra Room 5 Lower level 7.15 m X 4.1 m Recreational, Games room

Extra Room 6 Main level 5.8 m X 3.8 m Living room

Interior

Heating Forced air

Flooring Hardwood

Fireplaces Number 1

Exterior

Garage Yes

Fence Fenced yard

Waterfront No

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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