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Listed 16 days ago

307 - 1047 Mississaga Street W

Orillia, Orillia

$329,000

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

Simple Living Starts Here. Whether you're purchasing your first home, downsizing into a more manageable space, or simply looking for a low-maintenance lifestyle, this bright top-floor condo offers comfort, convenience, and exceptional value in one complete package. Offering approximately 900 square feet, this well-maintained two-bedroom, one-bathroom suite features an updated kitchen, spacious living area, in-suite laundry, a generous storage room, and a charming Juliet balcony that welcomes natural light. Situated on the third floor, you'll enjoy the added privacy of having no neighbours above, while the building's elevator makes everyday living effortlessly accessible. One of this property's standout features is its privately owned attached single-car garage-a rare and highly desirable bonus that provides secure parking and additional convenience throughout the year. Designed for easy living, the monthly condo fee includes water, sewer, building insurance, parking, snow removal, landscaping, window cleaning, and garbage collection, leaving hydro as the only additional utility. It's an ideal setup for buyers seeking predictable monthly expenses and the freedom to spend less time on maintenance and more time enjoying life. Located just minutes from downtown Orillia, with quick access to Highway 11, this home offers the perfect balance of convenience and connectivity. Parks, the waterfront, walking trails, shopping, restaurants, and everyday amenities are all close by, while ample visitor parking makes welcoming family and friends easy. Affordable, move-in ready, and thoughtfully designed for comfortable everyday living, this is an outstanding opportunity to own a home that delivers both value and lifestyle in one of Orillia's most convenient locations.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style3-Storey
Approx. Age31-50
Size800-899 sq. ft.
Maintenance Fees$844
LockerOwned
BalconyJuliette
ExposureNorth East
Parking TypeAttached
Parking Spaces1
Parking FeaturesPrivate
Property Tax$2,389
mls© NumberS13631396
Listed ByRoyal LePage Quest
Common Elements 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%
$1,684
Property tax
$199
Heat allowance
$150
Condo fees, half counted
$422
Housing costs
$2,455 / mo

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

Down payment20% · $65,800
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,384 / mo
Cash down
$65,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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