3 Lakeview
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+11 more
$519,900

3 Lakeview

Orillia, Ontario, L3V6E6

Active
4
Bedrooms
2
Bathrooms
4
Parking

About This Property

This 4-bedroom, 2-bathroom multi-family in Orillia is available for your consideration. The home features forced air, natural gas heating, none, a finished, full, apartment in basement, n/a, n/a basement.

MLS Remarks

Welcome to 3 Lakeview Avenue in Orillia, a well-maintained duplex, offering two self-contained two-bedroom units with excellent income or multi-generational living potential. Each unit features two bedrooms, a bright living room, a full bathroom, and an eat-in kitchen, providing comfortable and functional living spaces for both levels. The lower unit has been recently renovated with durable vinyl flooring and is currently vacant, making it ideal for owner-occupancy or immediate rental. The upper unit is tenanted, offering instant income potential. This home was built in 2003 and features an attractive brick front and vinyl siding, a metal roof, and forced-air gas heating. The property is equipped with a fire suppression system with sprinklers in the furnace room. Set on a generous 50 x 127 ft lot and zoned R2, the home offers a fenced backyard. Separate driveways provide dedicated parking for each unit, enhancing privacy and convenience for occupants. Located near schools and bus routes, this property is an excellent opportunity for investors, first-time buyers seeking mortgage assistance, or families seeking flexible living arrangements. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #S12761814

Interior

HeatingForced air, Natural gas
CoolingNone
AppliancesWater meter, Dryer, Two stoves, Two Washers, Two Refrigerators
BasementFinished, Full, Apartment in basement, N/A, N/A

Exterior

Exterior FeaturesVinyl siding, Brick Facing

Parking

Total Spaces4

Fees & Taxes

Annual Taxes$3,597.96 (2025)

Listing Information

MLS#: S12761814


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$103,980
5%20%50%
Estimated Monthly Payment
$2,312
/month
Mortgage
$415,920
Total Interest
$277,626

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$6,873
Total Due on Closing$6,873

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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