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Price Change$575,000

112 Borland Street E

Orillia, Orillia

$565,000

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

*** Additional Listing Details - Click Brochure Link *** Beautiful Raised Bungalow with an above ground salt watered pool. In Orillia's desirable North Ward. Close to Lake Couchiching and within walking distance; Couchinging Golf and Country Club; Orillia Rec Centre; Soldier Memorial Hospital; Hillcrest Park. In the backyard enjoy your coffee on the deck, next to the pool and enjoy the birds singing. Fully fenced with a long lasting vinyl fence with a double 10 ft door for access of your toys or vehicle. Inside you have lots of room as there are 5 bedrooms and 2 bathrooms.Open conception the livingroom and dining room makes it very inviting. There are 3 bedrooms upstairs and a 4 piece bathroom with a quartz-topped vanity. The lower level is finished and has 2 bedrooms; a den; 3 piece bathroom and laundry room. Additionally, large room with kitchen, fridge, dishwasher and can be used as 2nd kitchen, recommended or family room. House has been freshly painted inside and out.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,779
Lot Size49.22 ft x 107.11 ft
mls© NumberS13585146
Listed ByROBIN HOOD REALTY LIMITED

Listing History

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  • 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%
$2,892
Property tax
$315
Heat allowance
$150
Housing costs
$3,357 / mo

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

Down payment20% · $113,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,378 / mo
Cash down
$113,000

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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