316 Nottawasaga Street, Orillia, ON

$689,900
MLS#:S12195849
4 beds
2 baths
700-1100 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $689,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 49.9 x 165.6 ft lot
  • Features a ["separate entrance", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Suite, Separate Hydro Meter
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

A beautifully updated legal duplex in the heart of Orillia's City Centre. This turn-key property offers two fully self-contained units, each with separate entrances, hydro meters, and laundry, making it perfect for investors or multi-generational living. The main floor features approx. 1,000 sq ft with 2 bedrooms and a 3-piece bath, while the renovated basement suite (approx. 950 sq ft, updated 5 years ago) offers 2 more bedrooms, a 4-piece bath, and wood-look porcelain tile flooring with trim, plus two egress windows for safety and natural light. Upgrades include a new furnace, a new hot water tank, and a lifetime-warrantied water retention system for long-term peace of mind. The oversized 12x16 detached garage provides excellent storage or workspace. Set on a deep lot with potential for a garden suite, the property offers even more value and future flexibility. Located just minutes from Orillia's downtown shops, restaurants, waterfront parks, and cultural hotspots like the Opera House and Leacock Museum, and close to schools, transit, and Hwy 12, this property blends convenience, charm, and smart investment. The upper unit is tenanted at $ 1,715/month, plus hydro and gas, and the tenant is willing to stay, while the lower unit is vacant with a potential rent of $1,975/month, plus hydro.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 5, 2025
Sold price information is available to members only
Listed Date6/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size49.9 × 165.6 Feet
CountySimcoe
Annual Tax$3,667
Legal DescriptionPT LT 106 N/S LIVICOUNT ST PL 392 ORILLIA AS IN RO1439943; ORILLIA

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Beach, Fenced Yard, Public Transit, School

Community Features

Location

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316 Nottawasaga Street, Orillia, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 316 Nottawasaga Street, Orillia, ON L3V 3K6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$551,920
Monthly Mortgage$3,207
Property Tax (Est.)$306
Utilities & Maint.$350
Total Monthly Cost$3,863

Strategic Fiscal Clarity

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