3 Bedroom
1 Bathroom
1,200 - 1,399 sqft
Multi-Level
Central Air Conditioning
Forced Air
$399,000Maintenance, Parking, Common Area Maintenance
$215.99 Monthly
LOWEST CONDO FEES IN THE CITY! EXCELLENT INVESTMENT POTENTIAL - Welcome to #37-12 Lankin Blvd, Orillia. While average home prices in Orillia soar above $509,000, this affordable 3-bedroom townhome offers exceptional value for first-time buyers, investors or downsizers alike. Perfectly positioned between Lake Simcoe & Lake Couchiching, this attractive townhome is part of a well-maintained, well-managed condo community, offering an outstanding combination of lifestyle, location & affordability. THE WATERFRONT ADVANTAGE: 2-minute walk to the Lake Simcoe shoreline, where residents enjoy kayaking, paddleboarding, waterfront trails & beautiful lake views. A dog & kid-friendly park abuts the development, while downtown Orillia, shopping, restaurants, schools & Rec centre are all just minutes away. Over 1,200 sq ft of bright, functional living space, this townhome features attached garage, private parking & ample visitor parking. Bright main level showcases large windows & walkout to a back deck, while the open-concept living & dining areas create an inviting space for both everyday living & entertaining. 3 spacious bedrooms provide flexibility for families, guests or a home office. The unfinished basement offers potential for additional living space, storage, a home gym or workshop. Forced-air gas heating & central air provide year-round comfort. FOR INVESTORS: Opportunities like this are increasingly difficult to find. Based on a $415,000 purchase price with 20% down, estimated carrying costs are approximately $2,223/month versus potential rental income of $2,400/month, generating positive cash flow plus approximately $450/month in mortgage principal paydown during the first year. Don't let another investor buy your future! Whether you're looking to build equity, expand your investment portfolio or simply enjoy a lifestyle close to the lake - Unit 37 checks all the boxes! Watch the video, then book your showing today & claim your slice of Orillia heaven! (id:56248)
Property Details
|
MLS® Number
|
S13043796 |
|
Property Type
|
Single Family |
|
Community Name
|
Orillia |
|
Amenities Near By
|
Beach, Park, Place Of Worship, Schools |
|
Community Features
|
Pets Allowed With Restrictions, School Bus |
|
Equipment Type
|
Water Heater - Gas, Water Heater |
|
Features
|
Balcony |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Water Heater - Gas, Water Heater |
Building
|
Bathroom Total
|
1 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Age
|
31 To 50 Years |
|
Appliances
|
All, Dishwasher, Stove, Refrigerator |
|
Architectural Style
|
Multi-level |
|
Basement Development
|
Unfinished |
|
Basement Type
|
Full (unfinished) |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Stone, Vinyl Siding |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,200 - 1,399 Sqft |
|
Type
|
Row / Townhouse |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Beach, Park, Place Of Worship, Schools |
|
Zoning Description
|
Rm1 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Primary Bedroom |
4.14 m |
3.25 m |
4.14 m x 3.25 m |
|
Second Level |
Bathroom |
2.54 m |
2.31 m |
2.54 m x 2.31 m |
|
Third Level |
Bedroom 2 |
5.74 m |
2.87 m |
5.74 m x 2.87 m |
|
Third Level |
Bedroom 3 |
4.67 m |
2.71 m |
4.67 m x 2.71 m |
|
Basement |
Other |
5.74 m |
5.66 m |
5.74 m x 5.66 m |
|
Main Level |
Foyer |
2.43 m |
2.31 m |
2.43 m x 2.31 m |
|
Main Level |
Living Room |
4.69 m |
3.17 m |
4.69 m x 3.17 m |
|
Main Level |
Dining Room |
3.3 m |
2.51 m |
3.3 m x 2.51 m |
|
Main Level |
Kitchen |
3.14 m |
2.41 m |
3.14 m x 2.41 m |
https://www.realtor.ca/real-estate/29656436/37-12-lankin-boulevard-orillia-orillia