Norfolk, ON N3Y 1B3,53 Cherry ST
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$ 529,750
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Price Dropped by $49K

53 Cherry ST Norfolk, ON N3Y 1B3

3 Beds

2 Baths

0.5 Acres Lot


UPDATED:

10/11/2024 03:37 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

MLS Listing ID X9249000

Style Bungalow

Bedrooms 3

Annual Tax Amount $3,865

Tax Year 2024

Lot Size 0.500 Acres

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.

Location

Province ON

County Norfolk

Rooms

Family Room No

Basement Finished with Walk-Out

Kitchen 1

Separate Den/Office 1

Interior

Interior Features Other

Cooling None

Fireplace Yes

Exterior

Garage Private Double

Garage Spaces 6.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Parking Type Built-In

Total Parking Spaces 8

Building

Unit Features Fenced Yard,Level,Park,School,Sloping

Foundation Concrete


Listed by RE/MAX REAL ESTATE CENTRE INC.

Kevin Flaherty

Broker

+1(226) 270-6433

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53 Cherry ST