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Listed 28 days ago

45 Ivy Lane

Orillia, Orillia

$998,000

Detached|Bungalow
5 | 5 | 2
About this home

233 ft of Waterfront double lot on Grape Island! Join the shipping container lifestyle revolution! Original and updated Lake Simcoe waterfront cottage and boathouse anchor the family compound. Built over 1.2 acres with three purpose-built luxury shipping containers (one queen bed studio + four bed kid's cabin + fitness studio, combined with two 2-piece bathrooms, shower, laundry room (total 3.5 bath). The property sleeps 12 and breaks up into five private areas with its own terraces and landscaping. Everything from outdoor sauna, hot tub, roof decks, fire pit, retractable 50 ft boat deck and glamping tent included! $200k invested since 2023 in various upgrades including a brand-new septic system. 600' cedar hedge & 6' ft high wrought iron fencing encloses the property. Let the dogs and kids run free! Perfect Wi-Fi and top of the line security system with multiple cameras. Fully furnished (perfect mix of mid-century and contemporary cottage) and move-in ready. All the work has been done for you! Be in total privacy 1.5 hours from Toronto!

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Got questions?

Contact Angela directly.

agent
Angela Montano
(647) 283-2643

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. Age6-15
Size1500-2000 sq. ft.
Property Tax$5,835
Lot Size233 ft x 243 ft
mls© NumberS13595768
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA

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%
$5,108
Property tax
$486
Heat allowance
$150
Housing costs
$5,744 / mo

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

Down payment20% · $199,600
25-yr amortization

Income needed

$177,000

gross annual household income

Payment at 4%
$4,200 / mo
Cash down
$199,600

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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Comparable sales

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