8 Maria St
Elmvale, Springwater, L0L 1P0
FOR SALE
$649,900
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4 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS9 + 2
ROOMSS9365060
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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.
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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
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 14.01' x 14.83' | |
| Living | Main | 11.75' x 14.76' | |
| Laundry | Main | 8.83' x 8.92' | |
| Br | 2nd | 11.75' x 14.76' | W/I Closet |
| Br | 2nd | 11.09' x 12.34' | W/I Closet |
| Br | 2nd | 10.60' x 11.09' | |
| Living | Main | 8.83' x 9.25' | |
| Dining | Main | 7.84' x 9.25' | Wet Bar |
| Br | Main | 11.32' x 15.42' | |
| Kitchen | Lower | 10.40' x 11.75' | |
| Great Rm | Lower | 15.42' x 11.68' |
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Springwater Market Statistics
Springwater Price Trend
8 Maria St is a 4-bedroom 3-bathroom home listed for sale at $649,900, which is $247,600 (27.6%) lower than the average sold price of $897,500 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Springwater declined by $437,277 (32.8%) compared to the previous 30 day period (September 21 - October 20) and down $461,833 (34.0%) from the same time one year ago.Inventory Change
There were 16 4-bedroom homes listed in Springwater over the last 30 days (October 21 - November 19), which is down 5.9% compared with the previous 30 day period (September 21 - October 20) and down 27.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Springwater typically sold ($29,225) (3.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,652 increase compared to the previous 30 day period (September 21 - October 20) and $1,066 less 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 (October 21 - November 19) stood at 25.0%, down from 52.9% over the previous 30 days (September 21 - October 20) and up from 13.6% 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 71 days when successfully sold over the last 30 days (October 21 - November 19), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Chay Realty
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