$550,000

For sale

#305 21 Matchedash Street, Orillia - Single Family for Sale

#305 21 Matchedash Street, Orillia, Ontario, L3V3T1

2 beds2 baths1 parking950 ft²$600/mo condo feeListed 25 days ago

Overview

This 2-bedroom, 2-bathroom condo in Orillia is for sale offering roughly 950 sq ft of space. Its $550,000 asking price sits right in line with the $569,000 median in Orillia. It has been on the market 25 days, fresher than the Orillia average of 67 days.

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Description

Lakeview Loft Living in the Heart of Orillia WITH DIRECT WATER VIEWS Welcome to Matchedash Lofts, where modern design meets downtown convenience. This bright and airy third-floor 950 sq ft residence with souring high ceilings and floor-to-ceiling windows and a Juliette balcony with picturesque views of Lake Couchiching and the Orillia skyline. The functional layout includes a spacious one-bedroom plus den and two full bathrooms. The open living and dining area flows seamlessly into a contemporary kitchen appointed with stone counters, stainless steel appliances, tile backsplash, and generous storage. The den offers flexibility as a home office or guest room, while the primary suite provides a walk-in closet and a private ensuite with elegant finishes. Residents enjoy access to a rooftop terrace showcasing panoramic lake views, along with secure underground parking and a dedicated storage locker. Perfectly situated within walking distance to shops, restaurants, the waterfront, and scenic trails, this residence delivers a refined blend of comfort, location, and lifestyle. (id:66096)

Property Details

MLS®: S13884872
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $600/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,200/yr
Listed: 25 days ago

Features

Appliances: Washer, Water meter, Dishwasher, Oven, Dryer, Microwave, Cooktop, Window Coverings
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

25d

Orillia listings, avg age

67d

Price / ft²

$579

List price

$550K

Haho

This 2-bed single family in Orillia has been listed for 25 days, which is 42 days fresher than the city average of 67. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · MITCH STEIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $550,000, about 7.1× the local median household income of $77,500.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 39% 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)

$550,000· $579/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$350/mo

Condo fee$600/mo

Total monthly$3,833

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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