87 Bond Street
Orillia, Orillia
$519,000
Investors, contractors, handyman and families this property offers plenty of potential on a large lot 60' x 239'. House is a 1 1/2 storey approx 1442 square feet and is currently configured as 2 apartments. The fully fenced yard provides plenty of space for a garden, outdoor living, parking and future possibilities. The property also features a heated 2 storey garage/workshop approximately 630 square feet making it ideal for handyman or someone needing additional workspace or storage. Whether you are looking for a starter home, a property with income or an investment opportunity this property offers versatility and room to grow. This is an estate sale and therefor being sold "as is"
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,961 |
| Lot Size | 60 ft x 239 ft |
| mls© Number | S13672502 |
| Listed By | Leatherdale Realty 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%
- $2,656
- Property tax
- $330
- Heat allowance
- $150
- Housing costs
- $3,137 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$97,000
gross annual household income
- Payment at 4%
- $2,184 / mo
- Cash down
- $103,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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