HomeLife Silvercity Realty Inc.
Karan Sokhey
#37 - 12 Lankin Boulevard Orillia, Ontario L3V 6T2
$399,000Maintenance, Parking, Common Area Maintenance
$215.99 Monthly
Maintenance, Parking, Common Area Maintenance
$215.99 MonthlyLOWEST CONDO FEES IN THE CITY! EXCELLENT INVESTMENT POTENTIAL - Welcome to #37-12 Lankin Blvd, Orillia. While average home prices in Orillia soar above $509,000, this affordable 3-bedroom townhome offers exceptional value for first-time buyers, investors or downsizers alike. Perfectly positioned between Lake Simcoe & Lake Couchiching, this attractive townhome is part of a well-maintained, well-managed condo community, offering an outstanding combination of lifestyle, location & affordability. THE WATERFRONT ADVANTAGE: 2-minute walk to the Lake Simcoe shoreline, where residents enjoy kayaking, paddleboarding, waterfront trails & beautiful lake views. A dog & kid-friendly park abuts the development, while downtown Orillia, shopping, restaurants, schools & Rec centre are all just minutes away. Over 1,200 sq ft of bright, functional living space, this townhome features attached garage, private parking & ample visitor parking. Bright main level showcases large windows & walkout to a back deck, while the open-concept living & dining areas create an inviting space for both everyday living & entertaining. 3 spacious bedrooms provide flexibility for families, guests or a home office. The unfinished basement offers potential for additional living space, storage, a home gym or workshop. Forced-air gas heating & central air provide year-round comfort. FOR INVESTORS: Opportunities like this are increasingly difficult to find. Based on a $415,000 purchase price with 20% down, estimated carrying costs are approximately $2,223/month versus potential rental income of $2,400/month, generating positive cash flow plus approximately $450/month in mortgage principal paydown during the first year. Don't let another investor buy your future! Whether you're looking to build equity, expand your investment portfolio or simply enjoy a lifestyle close to the lake - Unit 37 checks all the boxes! Watch the video, then book your showing today & claim your slice of Orillia heaven! (id:64384)
Property Details
| MLS® Number | S13043796 |
| Property Type | Single Family |
| Community Name | Orillia |
| Amenities Near By | Beach, Park, Place Of Worship, Schools |
| Community Features | Pets Allowed With Restrictions, School Bus |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Balcony |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 31 To 50 Years |
| Appliances | All, Dishwasher, Stove, Refrigerator |
| Architectural Style | Multi-level |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 - 1,399 Sqft |
| Type | Row / Townhouse |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Park, Place Of Worship, Schools |
| Zoning Description | Rm1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.14 m | 3.25 m | 4.14 m x 3.25 m |
| Second Level | Bathroom | 2.54 m | 2.31 m | 2.54 m x 2.31 m |
| Third Level | Bedroom 2 | 5.74 m | 2.87 m | 5.74 m x 2.87 m |
| Third Level | Bedroom 3 | 4.67 m | 2.71 m | 4.67 m x 2.71 m |
| Basement | Other | 5.74 m | 5.66 m | 5.74 m x 5.66 m |
| Main Level | Foyer | 2.43 m | 2.31 m | 2.43 m x 2.31 m |
| Main Level | Living Room | 4.69 m | 3.17 m | 4.69 m x 3.17 m |
| Main Level | Dining Room | 3.3 m | 2.51 m | 3.3 m x 2.51 m |
| Main Level | Kitchen | 3.14 m | 2.41 m | 3.14 m x 2.41 m |
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June 24 2026 01:36:39
Toronto Regional Real Estate Board