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New2 days ago

25 Simcoe Street

Orillia, Orillia

$499,999

Detached|Bungalow
3 | 2 | 2
About this home

Welcome to this gem, a beautifully updated 3+2 bedroom bungalow offering the perfect blend of comfort, style and functionality. Step inside to discover a bright and inviting layout featuring modern finishes throughout, spacious living area and a beautifully designed eat in kitchen ideal for family gatherings and everyday living. The main level offers three bedrooms while the finished lower level provides two additional bedrooms, excellent space for extended family or guests. Step outside to a fantastic deck featuring a cozy relaxation nook-the perfect spot to unwind with your morning coffee or evening glass of wine. The expansive backyard offers plenty of space for entertaining, gardening or family fun. A wonderful opportunity for first-time buyers growing families downsizes or investors

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,100
Lot Size50 ft x 155 ft
mls© NumberS13684472
Listed ByRE/MAX REALTRON REALTY INC.

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%
$2,559
Property tax
$342
Heat allowance
$150
Housing costs
$3,051 / mo

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

Down payment20% · $100,000
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$100,000

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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