8 Maria St

FOR SALE
$649,900
8 Maria St, Springwater
8 Maria St
8 Maria St
8 Maria St
8 Maria St
8 Maria St
8 Maria St
8 Maria St
8 Maria St
8 Maria St
8 Maria St
8 Maria St
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4 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
9 + 2
ROOMS
S9365060
MLSID
Contact Us
Property Description
Here is your chance to own this great century home with incredible investment potential! Located in the heart of beautiful Elmvale, only steps from all of the great amenities Downtown Elmvale has to offer! The perfect layout for positive cash-flow rental potential, starting with the main & upper floors offering 3 great sized bedrooms, a large eat-in kitchen, a formal living room with large, bright windows, as well as a 4pc bath and main floor laundry. This unit also offers a private front porch and plenty of storage space with 2 walk-in closets and plenty of storage in the laundry room. This space is made even better with the added bonus of a completely separate in-law suite with a private deck entering you into the open living room and wet-bar area, it also offers a large bedroom and full 3pc bath. The lower level has a private entrance at the back of the property taking you downstairs to a bachelor style space with a large, bright kitchen with above grade window, and extra large bedroom/living area as well as a 4pc bath. This property is a a fantastic investment in one of Simcoe County's most desirable up-and-coming towns! Some of the recent updates include: Furnace 2022; HWT 2022.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-27 2020-10-27 0 $379,000 $377,000 Sold
Property Features
Library, Park, Place Of Worship, Rec Centre, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
33' x 132'
Lot Irregularities
AS PER GEO
Fronting
West
Taxes
$2,064 (2023)
Basement
Part Bsmt, Part Fin
Exterior
Alum Siding, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain14.01' x 14.83'
LivingMain11.75' x 14.76'
LaundryMain8.83' x 8.92'
Br2nd11.75' x 14.76'W/I Closet
Br2nd11.09' x 12.34'W/I Closet
Br2nd10.60' x 11.09'
LivingMain8.83' x 9.25'
DiningMain7.84' x 9.25'Wet Bar
BrMain11.32' x 15.42'
KitchenLower10.40' x 11.75'
Great RmLower15.42' x 11.68'
Springwater Market Statistics
Springwater Price Trend
8 Maria St is a 4-bedroom 3-bathroom home listed for sale at $649,900, which is $592,516 (47.7%) lower than the average sold price of $1,242,416 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 4 bedroom home in Springwater increased by $67,774 (5.8%) compared to the previous 30 day period (July 30 - August 28) and down $67,084 (5.1%) from the same time one year ago.
Inventory Change
There were 26 4-bedroom homes listed in Springwater over the last 30 days (August 29 - September 27), which is down 10.3% compared with the previous 30 day period (July 30 - August 28) and up 52.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Springwater typically sold ($39,441) (3.2%) below asking price over the last 30 days (August 29 - September 27), which represents a $9,744 increase compared to the previous 30 day period (July 30 - August 28) and ($59,475) 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 Springwater over the last 30 days (August 29 - September 27) stood at 46.2%, up from 24.1% over the previous 30 days (July 30 - August 28) and up from 23.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Springwater stood at 59 days when successfully sold over the last 30 days (August 29 - September 27), compared to 83 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Chay Realty
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