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Listed 2 months ago

69 Olive Crescent

Orillia, Orillia

$899,999

Detached|Bungalow
3 | 1 | 5
About this home

Welcome to your dream lakeside escape on the sparkling shores of Lake Simcoe, where comfort, style, and breathtaking southern lake views come together in perfect harmony. This beautifully updated 4-season home offers the ideal blend of relaxation and recreation, whether you're seeking a full-time residence or a weekend getaway. This 3-bedroom, 1-bathroom lakefront home offers turnkey lakeside living with stunning southern exposure and breathtaking water views. Set on a solid concrete block foundation with concrete footings, the home has been thoughtfully upgraded, including new foam insulation, roof (2018), A/C split system (2020), and new eavestroughs, soffits, fascia, front door, sliding doors, and garage door (all 2021). The property is being sold fully furnished, including patio furniture and a natural gas BBQ, making it move-in ready. Enjoy outdoor living on the large waterside deck built in 2021, with your own private dock for swimming, boating, and fishing. Complete with a detached garage and spacious driveway, this is an exceptional opportunity to embrace relaxed, year-round waterfront living.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$6,153
Lot Size36 ft x 224.79 ft
mls© NumberS13461502
Listed ByROYAL LEPAGE CERTIFIED 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%
$4,607
Property tax
$513
Heat allowance
$150
Housing costs
$5,269 / mo

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

Down payment20% · $180,000
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$180,000

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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