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Listed 2 months ago

10 Karen Crescent

Orillia, Orillia

$659,000

Detached|Bungalow
3 | 2 | 8
About this home

Top 5 Reasons You Will Love This Home: 1) Move-in ready and beautifully updated, this bright bungalow showcases a modern open-concept layout, four spacious bedrooms, and a stylishly renovated bathroom featuring a large walk-in shower with a built-in niche 2) Offering exceptional flexibility, the finished walk-out lower level features a separate entrance, a bedroom, full bathroom, secondary kitchen, laundry facilities, and generous living space, making it ideal for multi-generational living, extended family, guests, or potential income opportunities 3) Enjoy peace of mind knowing major improvements have already been completed in 2026, including a new roof, sump pump, weeping tile, drainage enhancements, and waterproofing, representing a significant investment in the home's long-term durability 4) Situated on a generous lot, the property delivers plenty of outdoor enjoyment with a large rear deck, partially fenced yard, and an oversized driveway with parking for up to eight vehicles, perfect for families, visitors, trailers, or recreational equipment 5) Conveniently located in West Orillia, this home provides easy access to schools, parks, shopping, dining, and everyday amenities, while Highway 11 is just minutes away for a seamless commute. 1,132 above grade sq.ft. plus a finished lower level.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,991
Lot Size124 ft x 126.7 ft
mls© NumberS13466504
Listed ByFARIS TEAM REAL ESTATE BROKERAGE

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%
$3,373
Property tax
$333
Heat allowance
$150
Housing costs
$3,856 / mo

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

Down payment20% · $131,800
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,773 / mo
Cash down
$131,800

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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