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Listed 3 months ago

25 SKYLINE Drive

Orillia, Orillia

$599,900

Detached|Bungalow
3 | 2 | 3
About this home

Welcome to 25 Skyline Dr in Orillia's desirable North Ward. This bungalow features a 3-bedroom main floor, a cozy living space filled with natural light, a galley kitchen with stainless steel appliances, and a 3-piece bathroom. The nicely finished in-law suite in the basement offers a separate entrance, spacious bedroom and living space, a clean and functional kitchen, and a 4-piece bathroom, creating possibilities for multi-family accommodation or the opportunity to offset costs with rental income.Situated on an oversized fully fenced lot with a detached single-car garage (and large storage shed), this property offers exceptional flexibility in a prime location close to schools, parks, shopping, and everyday amenities.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,840
Lot Size62.99 ft x 156 ft
mls© NumberS13132656
Listed ByCENTURY 21 B.J. ROTH REALTY LTD.

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%
$3,071
Property tax
$320
Heat allowance
$150
Housing costs
$3,541 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

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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