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New6 days ago

408 Mooney Crescent

Orillia, Orillia

$1,050,000

Detached|Bungalow
3 | 2 | 6
About this home

Discover waterfront living in the highly sought-after Couchiching Point community! This spacious 3+1 bedroom bungalow is situated on a generous lot with 39 feet of waterfront on the picturesque Dougall Canal, offering direct access to beautiful Lake Couchiching and endless boating adventures.Designed with a spacious, functional layout, this home features generous principal rooms, 3+1 bedrooms, 2 full baths, a reverse pie shaped lot, double car garage, and plenty of space for family and guests. Enjoy peace of mind with numerous updates, including windows (2015), rolled asphalt roof (2018), driveway sealed (2019), heat pump (2020), back deck and railings (2020), basement gas fireplace (2020), firepit and patio (2022), hardwood flooring in the living & dining rooms (2023), owned tankless water heater (2024), and a Napoleon gas fireplace in the living room (2024).Start your mornings watching breathtaking sunrises from your private dock before setting off by boat to explore nearby marinas, Lake Simcoe, Big Chief Island, or the vibrant waterfront and downtown Orillia. For avid boaters, this property even provides access to the Trent-Severn Waterway & the renowned Great Loop, making it a dream destination for those who love life on the water.Whether you're looking for a year-round waterfront residence or the perfect four-season retreat, this is a rare opportunity to own in one of Orillia's most desirable waterfront communities. Move in and enjoy the many improvements already completed, while adding your own personal style to make this fantastic waterfront property truly your own!

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,535
Lot Size130 ft x 209.85 ft
mls© NumberS13620122
Listed ByRoyal LePage Real Estate Associates

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%
$5,374
Property tax
$628
Heat allowance
$150
Housing costs
$6,152 / mo

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

Down payment20% · $210,000
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,419 / mo
Cash down
$210,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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