#37 - 12 Lankin Boulevard Orillia, Ontario L3V 6T2

$405,990

Maintenance, Common Area Maintenance

$215.99 Monthly

LOWEST 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 say 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 own slice of Orillia heaven! (id:55460)

Property Details

MLS® Number	S13541876
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
Features	Balcony, Dry, Level
Parking Space Total	2
Rental Equipment Type	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 Ft2
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

https://www.realtor.ca/real-estate/30010031/37-12-lankin-boulevard-orillia-orillia