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Price Change$459,900

337 Colborne Street W

Orillia, Orillia

$379,900

Detached|1 1/2 Storey
3 | 1 | 2
About this home

Charming West Ward Opportunity - Perfect for First-Time Buyers or InvestorsWelcome to this well-loved 3-bedroom, 1-storey home located in Orillia's West Ward. Owned by the same family for over 60 years, this property is ready for its next chapter and offers incredible potential for those looking to invest or build some sweat equity.Step inside through the convenient mudroom entry, complete with a storage closet and access to the backyard. The bright eat-in kitchen features classic wood cabinetry and flows into a separate dining room with a walkout to the mostly fenced yard-ideal for family gatherings, pets, or future landscaping ideas. The main floor also includes a light-filled living room, a comfortable bedroom, and a 3-piece bath that previously accommodated a bathtub and could be converted back into a full 4-piece.Upstairs, you'll find a cozy office nook along with two additional bedrooms, including one with charming built-in twin beds-perfect for kids, guests, or creative use of space.The full basement provides excellent storage & Laundry area . Outside, the paved mutual driveway offers ample parking. With solid bones and endless potential, this property is a fantastic opportunity to put your personal t ouch on your new home!

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,039
Lot Size42 ft x 116.4 ft
mls© NumberS13222012
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%
$1,945
Property tax
$253
Heat allowance
$150
Housing costs
$2,348 / mo

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

Down payment20% · $75,980
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,599 / mo
Cash down
$75,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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