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Listed 13 days ago

4 - 1 Olive Crescent

Orillia, Orillia

$714,500

Condo Townhouse |
2 | 3 | 2 | 0
About this home

Wake up to sweeping views of Lake Simcoe and end each day with unforgettable sunsets from this beautifully renovated end-unit townhouse condominium. Nestled within an exclusive nine-unit waterfront community, this move-in-ready home offers over $100,000 in thoughtful upgrades and the perfect balance of comfort, style, and low-maintenance living.The bright, open-concept main floor is designed for both everyday living and entertaining. The renovated kitchen features granite countertops, ceramic flooring, stainless steel appliances, and a breakfast bar with additional storage. The living and dining area is anchored by a cozy wood-burning fireplace and opens to a newly built deck with sleek glass railings and an electric awning, creating the perfect place to relax while taking in panoramic views of Lake Simcoe.Step outside and enjoy shared access to the community's waterfront dock, where you can launch a kayak or paddleboard, spend time by the water, or simply embrace the peaceful lakeside lifestyle.Upstairs, both bedrooms feature updated flooring and renovated bathrooms. The spacious primary suite offers an electric fireplace, in-suite laundry, a renovated two-piece ensuite, generous closet space, and access to a newly rebuilt private balcony with glass railings overlooking the lake.The finished lower level extends your living space with a spacious rec room, a full three-piece bathroom, and extensive built-in storage. An attached garage with a mezzanine loft provides even more room for seasonal storage or hobbies.Located a quickWalk to Kitchener Park, with 25 acres of green space, walking trails, tennis courts, and a dog park, you're also just minutes from marinas, downtown Orillia, shopping, and Casino Rama. If you've been searching for an easy, turnkey waterfront lifestyle with incredible views, this home is one you won't want to miss.

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agent
Angela Montano
(647) 283-2643
TypeCondo Townhouse
Style2-Storey
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$700
LockerNone
BalconyOpen
ExposureWest
Parking TypeAttached
Parking Spaces2
Parking FeaturesPrivate, Surface
Property Tax$3,676
mls© NumberS13648004
Listed ByRE/MAX HALLMARK CHAY REALTY
Water Included
Building Insurance 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%
$3,657
Property tax
$306
Heat allowance
$150
Condo fees, half counted
$350
Housing costs
$4,463 / mo

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

Down payment20% · $142,900
25-yr amortization

Income needed

$137,000

gross annual household income

Payment at 4%
$3,007 / mo
Cash down
$142,900

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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