424 Homewood Ave is a 2-bedroom, 2-bathroom detached home in Orillia, listed for $649,900. It has 1100-1500 sq ft of living space.
1Welcome to 424 Homewood located in Orillia, this exceptional property offers a rare combination of spacious living and private outdoor space on a double-wide lot.
2The interior boasts wide wood plank flooring throughout and an upgraded open-concept kitchen with granite countertops.
3The in-law suite offers a separate entrance from the detached drive-through garage.
Welcome to 424 Homewood located in Orillia, this exceptional property offers a rare combination of spacious living and private outdoor space on a double-wide lot. The well-maintained home features two bedrooms on the upper level, including an oversized master bedroom, along with a two-bedroom in-law suite on the lower level. The interior boasts wide wood plank flooring throughout and an upgraded open-concept kitchen with granite countertops. Additional highlights include a beautiful bathroom with a soaker tub and a versatile lower-level room ideal for use as an office, craft room, or extra bedroom. The in-law suite offers a separate entrance from the detached drive-through garage. Outdoors, the property provides a private, fenced-in pool area and fully fenced yard surrounded by stunning gardens. Additional features include a fire pit, natural gas BBQ hookup, two sheds, and a brand-new air conditioning unit complete with a 10-year warranty. This home presents an ideal blend of comfort, functionality, and convenience. Situated in the heart of the city while offering exceptional privacy, it is perfectly suited for families, multi-generational living, or those seeking an income-producing opportunity.
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $591 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 424 Homewood Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
424 Homewood Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,193
/mo
based on the purchase price of $649,900
$129,980 cash
$519,920 financed
$437,909 total interest
Principal54%$519,920
Interest46%$437,909
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Orillia
Other 2–3 bed homes for sale in Orillia around $650K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.1%On average, homes sold below asking.
Active listings258Homes for sale here right now.
Median vs prior 90 days−3.4%Compared with May 12 – Aug 10, 2026: prices down.
Based on 215 sales from Aug 10 – Nov 8, 2026 (161 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 424 Homewood Ave
How much is 424 Homewood Ave listed for?
424 Homewood Ave is listed at $649,900 (MLS® S13610426). Summitly updates the price as soon as the MLS® record changes.
Is $649,900 a good price for 424 Homewood Ave?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Orillia. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 424 Homewood Ave changed?
Yes — it was first listed at $775,000 and is now $649,900, a drop of $125,100 (16.1%).
How many bedrooms and bathrooms does 424 Homewood Ave have?
424 Homewood Ave has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Orillia.
How much would the monthly mortgage be on 424 Homewood Ave?
About $3,193 a month — principal and interest on $649,900 with 20% down ($129,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 424 Homewood Ave compare with other homes in Orillia?
Its asking price of $649,900 is about 15% above the median sold price in Orillia over the last 90 days, $565,000, across 215 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 424 Homewood Ave been sold before?
Summitly has no earlier MLS® sale or lease of 424 Homewood Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 424 Homewood Ave?
424 Homewood Ave is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 424 Homewood Ave been on the market?
104 days — 424 Homewood Ave was listed on July 27, 2026.
What is the price per square foot of 424 Homewood Ave?
About $433 to $591 per square foot: the asking price of $649,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 424 Homewood Ave have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 424 Homewood Ave have a basement, and is it finished?
