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Listed 14 days ago

3135 Emperor Drive

Orillia, Orillia

$739,900

Detached|Bungalow
3 | 4 | 6
About this home

Welcome to this move-in ready 5-bedroom bungalow in Orillia's sought-after West Ridge community, offering the perfect blend of space, versatility, and value. Built in 2015, this well-maintained home features a fully finished walkout lower level complete with a separate in-law suite, including its own kitchen, two bedrooms, and direct access to a level backyard-ideal for multigenerational living or generating rental income. The main floor offers three spacious bedrooms, including a primary suite with a private ensuite, along with a convenient Jack-and-Jill bathroom and powder room. Bright, functional living spaces provide plenty of room for growing families, while the double-car garage and parking for up to six vehicles add everyday convenience. Recent updates include a new air conditioning system installed in 2024. Located just minutes from Costco, Lakehead University, shopping, restaurants, and Highway 11, this home offers exceptional accessibility for commuters and families alike. Quick closing available.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age6-15
Size1100-1500 sq. ft.
Property Tax$5,593
Lot Size39 ft x 115 ft
mls© NumberS13639144
Listed ByReal Broker Ontario Ltd.

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%
$3,787
Property tax
$466
Heat allowance
$150
Housing costs
$4,403 / mo

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

Down payment20% · $147,980
25-yr amortization

Income needed

$135,000

gross annual household income

Payment at 4%
$3,114 / mo
Cash down
$147,980

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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