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Listed 2 months ago

93 Westmount Drive S

Orillia, Orillia

$789,000

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Fantastic investment opportunity at 93 Westmount Drive S in Orillia! This versatile two-unit income property sits on a huge lot and offers ample parking for both units. The upper unit features three bedrooms, one bathroom, a spacious kitchen with loads of counter space, and a functional layout ideal for families. The lower unit includes two bedrooms, one bathroom, and another generously sized kitchen with plenty of prep and storage space. An excellent opportunity for investors, multi-generational living, or buyers looking to live in one unit while generating rental income from the other. Conveniently located close to shopping, schools, parks, transit, and everyday amenities.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,704
Lot Size62 ft x 175 ft
mls© NumberS13464512
Listed ByREMAX YOUR COMMUNITY 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%
$4,038
Property tax
$309
Heat allowance
$150
Housing costs
$4,497 / mo

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

Down payment20% · $157,800
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,320 / mo
Cash down
$157,800

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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