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Listed 16 days ago

321 Park Street

Orillia, Orillia

$625,000

Detached|Bungalow
3 | 1 | 4
About this home

Brick bungalow in Orillia's sought-after North Ward - where mature trees, walkable streets, and everyday convenience meet. The fully fenced backyard is a true retreat, wrapped in lilacs and a natural treed perimeter for built-in privacy. Enjoy dinners on the deck, slow weekend mornings, and firepit nights that stretch long past sunset. Inside, this warm three-plus-one-bedroom home delivers an easy, functional layout. The nearly finished basement adds flexible space for a rec room, teen hangout, home gym, or the early framework of an in-law suite - complete with an oversized, sunlit laundry room and generous storage. All of this in the heart of the North Ward, just moments from the lake, parks, trails, cafés, favourite local restaurants, schools, and quick highway access. A solid brick charmer in a location people love. 1,206 sq.ft. above grade plus a partially finished basement.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$4,490
Lot Size49.21 ft x 104.99 ft
mls© NumberS13631232
Listed ByKELLER WILLIAMS EXPERIENCE REALTY

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%
$3,199
Property tax
$374
Heat allowance
$150
Housing costs
$3,723 / mo

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

Down payment20% · $125,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,630 / mo
Cash down
$125,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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