



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$699,999
Orillia
3114 Emperor Drive, Orillia, Ontario, L3V0G4
This 5-bedroom, 3-bathroom home in Orillia is for sale offering roughly 2,750 sq ft of space. It has been on the market 31 days, fresher than the Orillia average of 68 days.
Top 5 Reasons You Will Love This Home: 1) Outstanding investment opportunity in the highly desirable Westridge community, offering a purpose-built rental property in a prime location close to schools, shopping, places of worship, parks, and everyday amenities, making it highly attractive to quality long-term tenants 2) Benefit from immediate cash flow with established long-term tenants already in place, providing dependable rental income and a stable investment opportunity from day one 3) Constructed in 2016 and meticulously maintained throughout, this turn-key property showcases lasting quality and pride of ownership, making it an excellent addition to both growing and established real estate portfolios 4) Thoughtfully designed to maximize tenant comfort and independence, with each unit featuring separate utilities, private in-suite laundry facilities, and an individual single-car garage, enhancing convenience and long-term rental appeal 5) Generous backyard space adds valuable outdoor living potential, offering plenty of room for recreation, relaxation, and family enjoyment, further strengthening the property's desirability and long-term investment value. 2,896 above grade sq.ft. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 31 days on market, against an average age of 68 days across the listings currently for sale in this city
This 5-bed single family in Orillia has been listed for 31 days, which is 37 days fresher than the city average of 68. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,999, about 9.0× the local median household income of $77,500.
Carrying it typically needs a household income of about $136,734 (20% down, 25-yr amortization, stress-tested) — roughly 76% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3V)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.