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Listed 27 days ago

321 Franklin Street

Orillia, Orillia

$539,000

Detached|Bungalow
3 | 2 | 4
About this home

This beautifully maintained bungalow is nestled on a picturesque, family-friendly street in one of Orillia's most desirable neighbourhoods. Offering 3 bedrooms, 2 bathrooms, and an abundance of recent updates, this move-in ready home combines charm, comfort, and exceptional functionality. Step inside to a bright and spacious living and dining area featuring a cozy gas fireplace, perfect for relaxing or entertaining. The stunning newly renovated kitchen has been thoughtfully designed to maximize both style and efficiency, complete with brand new appliances, extensive countertop space, and abundant cabinetry. The main floor also offers three comfortable bedrooms, a beautifully updated 4-piece bathroom, and a bright sunroom overlooking the spacious, level backyard, creating the perfect place to enjoy your morning coffee or unwind after a long day. The full basement provides additional living space with a partially finished recreation room, a convenient 2-piece bathroom, and an unfinished area ideal for a workshop, hobby space, or excellent storage. Adding even more potential is the expansive attic loft space, offering excellent opportunities for future development or additional storage. Outside, you'll find a detached 13'8" x 21' garage and a spacious, level backyard perfect for children, pets, gardening, or entertaining. Lovingly cared for throughout the years, this home has seen numerous recent upgrades including new flooring, a brand new furnace, a completely renovated kitchen with all new appliances, fresh paint throughout and new doors. Located on a quiet residential street just a short walk to Tudhope Park, Moose Beach, and the scenic 9.5 km Millennium Trail along the shores of beautiful Lake Couchiching leading to Orillia's vibrant downtown, this exceptional property is the perfect opportunity for first-time buyers, downsizers, or families looking to enjoy an established neighbourhood with parks, trails, beaches, and amenities just moments away.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,643
Lot Size60 ft x 107 ft
mls© NumberS13599742
Listed ByColdwell Banker The Real Estate Centre

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%
$2,759
Property tax
$304
Heat allowance
$150
Housing costs
$3,212 / mo

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

Down payment20% · $107,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,268 / mo
Cash down
$107,800

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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