671 Driftwood Road, Orillia | Image 1

671 Driftwood Road

Orillia, Orillia

  • - bed - bath - sqft
$XXX,XXX Listed: $XXX,XXX
Sold

Sold on Oct 28, 2024

Note: Property is not currently for sale or for rent.

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  • Type: Detached

  • Style: 2-Storey

  • Size: 1100 sqft

  • Lot Size: 50 x 68.49 Feet

  • Age: 51-99 years

  • Taxes: $439,600 per year

  • Days on Site: 41 Days

  • Added: Sep 17, 2024 (1 month on market)

  • Updated:

  • Last Checked: 8 hours ago

  • MLS®#: S9354308

  • Listed By: Royal lepage quest

Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bathideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillias real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future!

Status

  • Days on Market: 41

  • Last Status: Sold

  • Sold Date: Oct 28, 2024

  • Closed Date: Nov 29, 2024

  • Expiry Date: Dec 31, 2024

  • Sold Price: $555,000

  • Unavailable Date: Oct 28, 2024

  • Input Date: Sep 17, 2024

Property

  • Status: Sale

  • Property Type: Detached

  • Style: 2-Storey

  • Size (sq ft): 1100

  • Age: 51-99

  • Area: Orillia

  • Community: Orillia

  • Availability Date: Flexible

  • Assessment Amount: $302,000

  • Assessment Year: 2023

Inside

  • Bedrooms: 3

  • Bathrooms: 2

  • Kitchens: 1

  • Rooms: 7

  • Den/Family Room: Yes

  • Air Conditioning: Window Unit

  • Fireplace: No

  • Laundry Level: Main

  • Washrooms: 2

Building

  • Basement: None

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Vinyl Siding

  • Water Supply: Municipal

  • Special Designation: Unknown

  • Other Structures: Aux Residences

Parking

  • Driveway: Pvt Double

  • Garage Type: None

  • Covered Parking Spaces: 5

  • Total Parking Spaces: 5

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 28 E/S ORCHARD ST PL 292 ORILLIA PT 1, 51R12195; ORILLIA

  • Taxes: $439,600

Highlights

  • Feature: Beach

  • Feature: Campground

  • Feature: Marina

  • Feature: Park

  • Feature: Public Transit

Land

  • Cross Street: HWY 12 West to Orcha

  • Municipality District: Orillia

  • Fronting On: South

  • Parcel Number: 586840196

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 68.49 Feet

  • Lot Frontage: 50 Feet

  • Acres: < .50

  • Zoning: R2i

Rooms

Room details for 671 Driftwood Road, Orillia

Type Dimensions
Prim Bdrm 2nd 3.94 x 3.78
Br 2nd 2.90 x 3.96
Bathroom 2nd 1.83 x 2.18
Br 2nd 2.79 x 4.47
Bathroom Main 1.68 x 1.75
Kitchen Main 2.44 x 3.05
Living Main 2.54 x 4.75
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Car-Dependent

  • Most errands require a car.
28 /100

Bikeable

  • Some errands can be accomplished on bike.
50 /100
Map of 671 Driftwood Road, Orillia
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