81 Lorne Ave
Penetanguishene, Penetanguishene, L9M 1H8
FOR SALE
$799,900
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2 + 2
BEDROOMS3
BATHROOMS1
KITCHENS5 + 3
ROOMSS8202404
MLSIDContact Us
Property Description
ENJOY PEACEFUL LIVING WITH AN OPEN-CONCEPT DESIGN, STYLISH FINISHES & A FINISHED BASEMENT! Welcome to 81 Lorne Avenue. This property offers a lifestyle of convenience and relaxation, situated close to schools, parks, and the serene shores of a lake. Plus, with a short drive to Midland and easy access to Barrie or Orillia in just 40 minutes, you'll never be far from shopping, dining, and entertainment options. The home features an impressive curb appeal with ample parking, a spacious foyer with an inside garage entry, and open-concept main living spaces with gleaming hardwood floors, elegant California shutters, and recessed lighting. The upgraded kitchen boasts top-of-the-line Kitchen Aid appliances, subway tile backsplash and a breakfast bar, while the adjacent living room boasts a patio door walkout for outdoor dining or entertaining. The primary bedroom includes a thoughtful ensuite bathroom and walk-in closet, with a second bedroom and bathroom completing the main level. The finished open-concept basement offers additional living space with a large rec room with a custom fireplace, two additional bedrooms, and a bathroom, perfect for large families or overnight guests. Outside, the property is beautifully landscaped with manicured gardens and a large patio with privacy walls and full sun exposure for endless outdoor enjoyment.
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Property Features
Beach, Fenced Yard, Golf, Lake/Pond, Park, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
80' x 86'
Acreage
< .50
Lot Irregularities
45.92 X 85.58 X 80.44 X 137.24 Ft
Fronting
East
Taxes
$4,282 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.17' x 17.26' | |
| Breakfast | Main | 9.74' x 6.99' | |
| Family | Main | 12.17' x 14.34' | |
| Prim Bdrm | Main | 12.83' x 10.93' | 4 Pc Ensuite |
| 2nd Br | Main | 9.58' x 10.50' | |
| Rec | Bsmt | 12.01' x 19.09' | |
| 3rd Br | Bsmt | 12.01' x 11.32' | |
| 4th Br | Bsmt | 12.24' x 12.99' | |
| Other | Bsmt | 7.74' x 11.15' |
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Penetanguishene Market Statistics
Penetanguishene Price Trend
81 Lorne Ave is a 2-bedroom 3-bathroom home listed for sale at $799,900, which is $74,000 (10.2%) higher than the average sold price of $725,900 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom home in Penetanguishene increased by $160,900 (28.5%) compared to the previous 30 day period (March 3 - April 1) and up $230,900 (46.6%) from the same time one year ago.Inventory Change
There were 8 2-bedroom homes listed in Penetanguishene over the last 30 days (April 2 - May 1), which is up 60.0% compared with the previous 30 day period (March 3 - April 1) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Penetanguishene typically sold ($24,900) (3.4%) below asking price over the last 30 days (April 2 - May 1), which represents a $0 decrease compared to the previous 30 day period (March 3 - April 1) and ($29,900) 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 2-bedroom homes in Penetanguishene over the last 30 days (April 2 - May 1) stood at 37.5%, up from 20.0% over the previous 30 days (March 3 - April 1) and down from 600.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Penetanguishene stood at 34 days when successfully sold over the last 30 days (April 2 - May 1), compared to 14 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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