$800,000

For saleJust listed

69 Olive Crescent, Orillia - Single Family for Sale

69 Olive Crescent, Orillia, Ontario, L3V1E9

3 beds1 bath5 parking900 ft²35 × 225 ft (7,756 sq ft) lot sizeListed 7 days ago

Overview

This 3-bedroom, 1-bathroom home in Orillia is for sale offering roughly 900 sq ft of space. It has been on the market 7 days, fresher than the Orillia average of 67 days.

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Description

Updated, turnkey Lake Simcoe waterfront with municipal water, sewer and year-round access on a municipal road-no well or septic to maintain! Boat through the Atherley Narrows to Lake Couchiching and the Trent-Severn Waterway. This 3-bedroom, four-season bungalow features large windows, abundant natural light, southern exposure and beautiful lake views. Ideal as a year-round home or cottage, with previous use as an Airbnb. A private dock and spacious waterside deck (2021) complete the waterfront setting. Updates include roof (2018), split-system A/C (2020), upgraded foam insulation, and eavestroughs, soffits, fascia, front door, sliding doors and garage door (2021). Detached garage with hydro and ample driveway parking. Close to marinas, golf, beaches, trails and Orillia's shops and restaurants. Approximately 60 minutes to the GTA, depending on traffic. (id:66096)

Property Details

MLS®: S14125460
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 35 × 225 ft (7,756 sq ft)
Frontage: 35 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Heat Pump, Electric, Natural gas
Cooling: Wall unit
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront

Rooms

Main level

Kitchen: 4.3 x 3.59 meters
Living room: 6.2 x 4.77 meters
Dining room: 6.2 x 4.77 meters
Primary Bedroom: 3.35 x 2.47 meters
Bedroom 2: 3.31 x 2.48 meters
Bedroom 3: 3.31 x 2.48 meters
Utility room: 2.44 x 1.55 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Furniture, Window Coverings, Garage door opener remote(s), Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Dry, Level, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Orillia listings, avg age

67d

Price / ft²

$889

List price

$800K

Haho

This 3-bed single family in Orillia has been listed for 7 days, which is 60 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · FRANK LEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $800,000, about 10.3× the local median household income of $77,500.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$800,000· $889/ft²

For sale

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Full Cost Breakdown

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Down Payment6.88% · $55,000.00

Min 6.88%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,800 capitalized)

Property tax (est.)$513/mo

Total monthly$4,643

Cash Needed to Close

Down payment (6.88%)$55,000

Land transfer tax$12,475

Est. closing costs$4,900

Total cash needed$72,375

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