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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$529,750
Available - For Sale
Listing ID: X9249000
53 Cherry St , Norfolk, N3Y 1B3, Ontario
Listing image


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.
Price $529,750
Taxes: $3865.00
Assessment: $252000
Assessment Year: 2024
Address: 53 Cherry St , Norfolk, N3Y 1B3, Ontario
Lot Size: 125.83 x 198.43 (Feet)
Acreage: .50-1.99
Directions/Cross Streets: Norfolk St. South/Cherry St
Rooms: 6
Bedrooms: 3
Bedrooms +: 1
Kitchens: 1
Family Room: N
Basement: Fin W/O
Approximatly Age: 51-99
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: Built-In
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 6
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
Property Features: Fenced Yard, Level, Park, School, Sloping
Fireplace/Stove: Y
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
Personal Picture
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Freehold - Detached
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style: Bungalow
Lot Size: 125.83 x 198.43(Feet)
Approximate Age: 51-99
Tax: $3,865
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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