270 JAMES Street E
Orillia, Orillia
$599,000
Immaculate 3+1 bedroom detached home on 50'x120' treed lot minutes to Lake Simcoe, Tudhope Park public transport & city centre. Living/dining room with large picture window. 2 main floor bedrooms with closets, bright kitchen with ample cupboards & large storage room. Master bedroom complete with sitting room, 4pc ensuite & built-in closets. Finished basement has in-law suite & laundry facilities. Great potential for duplex or Airbnb. The property features an additional separate entrance to a bachelor-style second-floor suite with a kitchenette, ideal for a nanny, guests, or a young owner.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,201 |
| Lot Size | 50 ft x 120 ft |
| mls© Number | S13492702 |
| Listed By | REALTY 7 LTD. |
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%
- $3,066
- Property tax
- $267
- Heat allowance
- $150
- Housing costs
- $3,483 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,521 / mo
- Cash down
- $119,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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