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New2 hours ago

183 CEDAR Street

Orillia, Orillia

$329,900

Detached|2-Storey
2 | 2 | 2
About this home

Opportunity awaits in Orillia's desirable North Ward! Set on a wonderfully deep 35.55 x 159 ft lot with established gardens, this charming two-storey home offers a fantastic opportunity for someone ready to renovate and make it their own. The approximately 800 sq. ft. layout features an open-concept main floor, two bedrooms upstairs including an exceptionally spacious primary bedroom with potential to reconfigure the space, and 1.5 bathrooms. A covered front porch adds character, while the rear deck overlooks the deep backyard and gardens. The lower level provides laundry, storage, a 2-piece bath and a convenient walkout to the backyard. Ready for someone to bring their renovation ideas to life, the location, lot and possibilities make this one well worth a look. Just a few blocks from Lake Couchiching and Couchiching Beach Park, with nearby access to trails and an easy connection to downtown, shopping, restaurants and everyday amenities. An intriguing option for a first-time buyer with renovation skills, an investor, or anyone looking for an affordable way to create something special in a great Orillia neighbourhood.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,926
Lot Size35.55 ft x 159.28 ft
mls© NumberS13690976
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%
$1,689
Property tax
$244
Heat allowance
$150
Housing costs
$2,082 / mo

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

Down payment20% · $65,980
25-yr amortization

Income needed

$64,000

gross annual household income

Payment at 4%
$1,388 / mo
Cash down
$65,980

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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