53 CHERRY STREET Active Save Request In-Person Tour Request Virtual Tour
Norfolk (simcoe),ON N3Y1B3
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
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
Interior
Heating Forced air
Flooring Hardwood
Fireplaces Number 1
Exterior
Garage Yes
Fence Fenced yard
Waterfront No
View Y/N No
Building
Story 1
Sewer Sanitary sewer