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$700K · 2 bed Condo Townhouse · Orillia, Orillia | MyPropertyScout

$699,900

Unit 5

127 DOM

22127d

Map

⚡ Insider Deal

DOM 127

↓ $20KMotivated SellerWaterfrontPrice Reduced

$699,900

↓ $20KMotivated Seller

DOM127days

Unit 5

1 Olive Crescent · Orillia · Ontario L3V 7N5

MLS® S12888010 · Orillia · L3V 7N5

22OwnerOccupied1000-1199 ft²Condo Townhouse1-car AttachedFull, Finished127d$637/ft²$5,600 tax/yrBuilt 198541 yrs oldFull, Finished

127 days on market

About this home

LAKEFRONT LIVING! Don't miss this rare opportunity to own a meticulously maintained end-unit waterfront townhouse condo on Lake Simcoe at a very affordable price. Ideal for professionals, couples, or those downsizing, this turnkey property offers a stylish and convenient lifestyle in a private, 9-unit community, just steps from downtown Orillia. Enjoy a bright, open-concept main floor with a granite kitchen, stainless steel appliances, and a cozy gas fireplace. Relax on your fenced deck with ele…

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Property details

MLS#: S12888010
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 9
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Full, Finished
Style: 2-Storey
Type: Condo Townhouse
Year built: 1985

Occupancy: Owner Occupied
Washrooms: 4 pc · Second; 3 pc · Basement
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Roof: Asphalt Shingle
Foundation: Concrete Block
Property features: Beach, Hospital, Lake Access, Waterfront

Fireplaces: 2
Fireplace features: Natural Gas

View: Beach, Clear, Water

Waterfront: Yes
Water view: Direct,Unobstructive
Water body: Lake Simcoe
Water frontage: 6.4 ft
Shoreline: Clean, Mixed
Waterfront features: Dock

Condo corp #: 101
Balcony: Open
Locker: None
Fees include: Water Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 3 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Exterior: Board & Batten · Awnings, Deck, Landscaped, Lawn Sprinkler System, Year Round Living
Fronting on: —
Cross street: West St. S and Olive Cres.
Stories: 1
Utilities: —
Laundry: In-Suite Laundry
Interior: Garburator, Water Heater
Parking features: —

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $20KPrice reduction

MLS shows the seller reduced the asking price by $19,600 (from $719,500 to $699,900).

Motivated SellerWhy this label

127 days on market — Listing has been active for 127 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: Sotheby's International Realty Canada

Source: TRREB/PROPTX · MLS® S12888010

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$700K

Unit 5 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $699,900✓ $5,600 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,166/mo

incl. closing costs (yr 1)

Annual total

$73,994

year 1

Mortgage only

$2,655/mo

principal + interest

Beyond mortgage

$2,180/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$139,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$467/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,999/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$58/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$10,473

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $31,862/yr

Property taxes22% $16,073/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $6,999/yr

Condo fees11% $8,400/yr

Closing costs7% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$31,862	$2,655/mo
Government & taxes
Property tax	$5,600	$467/mo
Land transfer tax(closing)	$10,473	$873/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,999	$583/mo
Condo fees
Condo / HOA fees	$8,400	$700/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$73,994	$6,166/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 5

About this home

MyStreetValue™ Analysis

Property details

Rooms

Price movement & seller pressure

Sales History

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Annual costs