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Listed 1 month ago

45 ALBERT Street N

Orillia, Orillia

$499,999

Detached|Other
3 | 2 | 2
About this home

Great Price Adjustment! Tour this property before its gone! WOW! That's the first impression you'll have when you step inside this beautifully maintained home, built in 1913, where timeless character blends seamlessly with modern updates. Original hardwood floors shine throughout, complemented by durable bamboo flooring in the kitchen-offering style, warmth, and easy maintenance with no carpeting. Located on a quiet, established street, you're just a short walk to downtown Orillia's charming cafés, unique shops, local restaurants, banks, pharmacies, the beautiful waterfront, and Soldiers' Memorial Hospital. This unbeatable location is perfect for first-time buyers, families, retirees, or investors. Featuring 3 bedrooms with the potential for a 4th main-floor bedroom by converting the family room, this home offers flexibility to suit your lifestyle. Whether you're looking for a place to call home or an investment opportunity, this property delivers. The private backyard is your own peaceful retreat, complete with a beautiful patio and gazebo-ideal for relaxing or entertaining. There's also the potential to create parking for two vehicles. Enjoy peace of mind with numerous updates completed over the past four years, including the patio and gazebo, front and back decks, front and back doors, living room window, kitchen countertop, sink, range hood, lighting, appliances, upstairs bathroom vanity, recreation room support beam, basement plumbing, and a new water service line from the house to the street. Affordable utility costs make ownership even more attractive: hydro averages $60-$125/month, gas is approximately $92/month on equal billing, and water/sewer averages $190/quarter. Character, great floor plan, convenient location, updates, and value - this move-in-ready home offers it all. Don't miss your opportunity to own a charming, Victorian home, in one of Orillia's most walkable and desirable neighbourhoods. Book your private showing today!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleOther
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$2,585
Lot Size25 ft x 109.85 ft
mls© NumberS13551244
Listed ByCENTURY 21 B.J. ROTH REALTY 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%
$2,559
Property tax
$215
Heat allowance
$150
Housing costs
$2,925 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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