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Listed 2 months ago

304 - 107 Bond Street

Orillia, Orillia

$350,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

This well-maintained 2-bedroom, 2-bathroom condo offers excellent value for investors, first-time home buyers, and downsizers alike. The bright and inviting open-concept layout features a seamless flow from the kitchen into the living area, perfect for entertaining guests or enjoying quiet evenings at home. Large windows fill the unit with natural light, enhancing the warm and welcoming atmosphere throughout. Thoughtfully designed for comfort and functionality, this unit is ideal for anyone seeking low-maintenance living in a centralized location. The large primary bedroom features a walk-in closet and 3-piece ensuite. Located on the top floor, this quiet unit offers added privacy with no neighbours above. Enjoy the convenience of (1) surface parking space located just steps from the building, along with ample visitor parking for guests. Ideally situated in a prime location, you're just moments from Orillia's beautiful waterfront, featuring beaches, scenic walking trails, and parks. Experience the charm of downtown Orillia with its excellent dining, boutique shopping, and vibrant local amenities, all just minutes away. Plus, with quick access to Highway 11 only 5 minutes from your door, commuting is effortless! Reach out today!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size900-999 sq. ft.
Maintenance Fees$609
LockerNone
BalconyNone
ExposureNorth East
Parking TypeNone
Parking Spaces1
Parking FeaturesNone
Property Tax$2,479
mls© NumberS13491718
Listed ByROYAL LEPAGE WOLLE REALTY
Building Insurance Included
Water Included
Parking Included

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%
$1,791
Property tax
$207
Heat allowance
$150
Condo fees, half counted
$305
Housing costs
$2,453 / mo

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

Down payment20% · $70,000
25-yr amortization

Income needed

$75,000

gross annual household income

Payment at 4%
$1,473 / mo
Cash down
$70,000

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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