50 DUNEDIN Street, Orillia, Ontario, L3V5T5




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$399,000
Orillia
This 3-bedroom, 1-bathroom home in Orillia is for sale offering roughly 900 sq ft of space. Listed at $399,000, it is attractively priced about 38% below the $639,900 median asking price in Orillia.
The property includes an approximately 1,100 sq. ft. house currently rented for $950 per month plus utilities and is in poor condition. The house has recently been severed from the adjoining 13 car parking lot and may be purchased separately or together with the parking lot located at 169 Colborne St. West. Removal of the house could create the potential for additional parking spaces. The HC2 zoning permits a variety of alternative uses, including residential, institutional, and healthcare uses. The property taxes to be updated once taxes have been assessed. Combined L shaped lot dimensions: parking lot approximately 43.74 ft. x 140.62 ft. depth, house portion approximately 73.32 ft. x 68.86 ft. depth. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 145 days on market, against an average age of 67 days across the listings currently for sale in this city
This 3-bed single family in Orillia is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 5.1× the local median household income of $77,500.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3V)
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Loading rates, 30-yr amortization
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