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New5 days ago

311 - 90 Orchard Point

Orillia, Orillia

$699,000

Condo Apartment |
1 + 1 | 2 | 1 | 1
About this home

Experience the best of lakeside living in this beautifully appointed 1-bedroom plus den, 2-bathroom condo offering breathtaking, unobstructed views of Lake Simcoe. Relax and take in spectacular sunsets from your spacious private balcony, complete with a gas hookup for a BBQ or fire table-perfect for entertaining or unwinding by the water. Inside, the bright, open-concept layout is filled with natural light from expansive windows that frame the stunning lake views. The versatile den provides the ideal space for a home office, guest room, or cozy reading nook, while two full bathrooms, including a private ensuite, and convenient in-suite laundry add comfort and functionality. Enjoy an exceptional selection of resort-style amenities, including a fitness centre, outdoor pool and hot tub, indoor sauna, movie theatre, library, games room with pool table, and a party room with a full communal kitchen for larger gatherings. The rooftop terrace is a standout feature, offering panoramic lake views and the perfect setting to enjoy both sunrise and sunset.Located just minutes from downtown Orillia, you'll have easy access to charming shops, restaurants, cafés, parks, and scenic walking and cycling trails. This unit also includes one underground parking space, a storage locker, and visitor parking for added convenience. An optional boat slip rental is available for those looking to make the most of waterfront living.Whether you're downsizing, seeking a low-maintenance lifestyle, or searching for the perfect weekend retreat, this exceptional waterfront condo offers the ideal combination of comfort, luxury, and convenience in one of Orillia's most desirable locations.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleMulti-Level
Approx. Age6-10
Size1000-1199 sq. ft.
Maintenance Fees$750
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$6,123
mls© NumberS13623946
Listed ByRoyal LePage Quest
Heat Included
Common Elements Included
Parking Included
Water Included

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%
$3,578
Property tax
$510
Heat allowance
$150
Condo fees, half counted
$375
Housing costs
$4,613 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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