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Listed 3 months ago

166 Laclie Street

Orillia, Orillia

$499,000

Detached|2-Storey
3 | 2 | 5
About this home

Not every opportunity comes wrapped in fresh paint and granite countertops. Some come with vision. Located in Orillia's desirable North Ward and just moments from Lake Couchiching, this property presents an exceptional opportunity for builders, investors, and ambitious renovators. The existing home requires substantial work and is best suited for those looking to renovate extensively or explore redevelopment potential. Set on a generous lot in an established neighbourhood, the location offers easy access to waterfront parks, trails, marinas, schools, shopping, downtown amenities, and Highway 11. Whether you're planning a complete transformation or starting fresh, this property offers the chance to unlock significant potential in one of Orillia's most sought-after areas. Property being sold in "As is Condition

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,129
Lot Size48.83 ft x 117.56 ft
mls© NumberS13224634
Listed ByNEST SEEKERS INTERNATIONAL REAL ESTATE

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%
$2,554
Property tax
$261
Heat allowance
$150
Housing costs
$2,965 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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