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Listed 4 months ago

177 Shannon Street

Orillia, Orillia

$650,000

Detached|Bungalow-Raised
3 | 2 | 2
About this home

Welcome to 177 Shannon Street in Orillia-an opportunity to own a beautifully maintained raised bungalow in a location that truly checks every box. This solid 3+1 bedroom home offers over 2,000 sq ft of finished living space, perfect for growing families, downsizers who still want room to breathe, or buyers looking for in-law potential with a separate entrance and walk-out basement. Step inside to a bright and functional layout featuring a spacious living room, an eat-in kitchen ideal for family gatherings, and three comfortable bedrooms on the main floor-including a convenient primary bedroom on the main level. Downstairs, you'll find a fully finished lower level with a large rec room, additional bedroom, family space perfect for guests, extended family, or creating a private suite. Outside, enjoy a landscaped yard with deck and patio, offering the perfect space to relax, entertain, or unwind after a long day. But here's where this home really stands out... You're just a 5-minute walk to the water and nearby parks, giving you instant access to everything that makes Orillia special-morning walks, sunset views, and weekend relaxation. Plus, with quick access to Highway 12, commuting is simple and convenient-whether you're heading to work or escaping the city. Homes in this location, with this versatility and price point, don't last long. If you've been waiting for the right opportunity to make a move... this might be the one you don't want to miss.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,719
Lot Size50 ft x 102.56 ft
mls© NumberS13039084
Listed ByEXP REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,327
Property tax
$310
Heat allowance
$150
Housing costs
$3,787 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $130,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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