| Water Included |





























5 - 1 Olive Crescent
Orillia, Orillia
$649,900
LAKEFRONT LIVING! Don't miss this rare opportunity to own a meticulously maintained end-unit waterfront townhouse condo on Lake Simcoe at a very affordable price. Ideal for professionals, couples, or those downsizing, this turnkey property offers a stylish and convenient lifestyle in a private, 9-unit community, just steps from downtown Orillia. Enjoy a bright, open-concept main floor with a granite kitchen, stainless steel appliances, and a cozy gas fireplace. Relax on your fenced deck with electric awning and stunning lake views. Recent upgrades include new P/T decking and railings, a new furnace (Oct/25), updated windows/doors (2019), and a 6-year-old A/C. With spacious bedrooms, a finished lower level, and an attached garage with mezzanine storage, this home has it all. Plus, enjoy access to a shared dock, Kitchener Park's amenities, and easy access to marinas, shopping, and Casino Rama. Waterfront living at this price won't last!
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| Type | Condo Townhouse |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $700 |
| Locker | None |
| Balcony | Open |
| Exposure | West |
| Parking Type | Attached |
| Parking Spaces | 3 |
| Parking Features | None |
| Property Tax | $5,600 |
| mls© Number | S13668600 |
| Listed By | Sotheby's International Realty Canada |
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%
- $3,326
- Property tax
- $467
- Heat allowance
- $150
- Condo fees, half counted
- $350
- Housing costs
- $4,293 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$132,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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