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Key Details
Sold Price -
Property Type Townhouse
Sub Type Condo Townhouse
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1200-1399
Subdivision Orillia
MLS Listing ID S13541876
Sold Date -
Style Multi-Level
Bedrooms 3
Annual Tax Amount $3,885
Tax Year 2025
Property Sub-Type Condo Townhouse
Property Description
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 say 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 own slice of Orillia heaven!
Location
Province ON
County Simcoe
Area Simcoe
Zoning RM1
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 1
Interior
Interior Features Rough-In Bath, Floor Drain
Cooling Central Air
Laundry In Basement
Exterior
Exterior Feature Year Round Living
Garage Spaces 1.0
Roof Type Asphalt Shingle
Exposure West
Total Parking Spaces 2
Balcony Open
Building
Building Age 31-50
Locker None
Others
Senior Community Yes
Pets Allowed Yes-with Restrictions
ParcelsYN No
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