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New2 days ago

21 KORLEA Crescent

Orillia, Orillia

$549,900

Detached|Bungalow-Raised
2 | 2 | 3
About this home

This well maintained raised bungalow is one of those homes that feels inviting the moment you arrive. Tucked away on a quiet street just minutes from the lake and park, it offers a great combination of privacy, beautiful outdoor space and an incredibly convenient location. Inside, you'll find two large bedrooms on the main level and a bright eat in kitchen with a walkout to a large deck overlooking the private, fully fenced backyard. Beautifully established gardens fill both the front and backyard, thoughtfully designed to attract birds and butterflies while still being easy to maintain. It's a peaceful property that feels made for morning coffee, summer dinners and relaxing at the end of the day. The bright lower level adds even more living space with a spacious rec room featuring a gas fireplace, second bathroom, laundry and utility room, plus an additional finished room that could easily become a third bedroom, home office, workshop, studio or hobby space. Close to the lake, parks and everything downtown has to offer, with easy access to the highway, this is a home with a lot to offer and one you'll want to see in person. **OPEN HOUSE SUN AUG 23, 11-1**

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,432
Lot Size49.4 ft x 135.94 ft
mls© NumberS13681852
Listed ByCENTURY 21 B.J. ROTH 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%
$2,815
Property tax
$286
Heat allowance
$150
Housing costs
$3,251 / mo

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

Down payment20% · $109,980
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$109,980

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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