506 West Street, Orillia, ON

$239,900
MLS#:S12275225
3 beds
1 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $239,900 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 50 x 264 ft lot
  • Features a ["full", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Storage
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

Opportunity Knocks at 506 West Street South, Orillia! This 1.5-story home is full of potential perfect for those looking to renovate and make it their own or for investors seeking a fantastic rental property. Conveniently located just moments from shopping, dining, entertainment, and downtown Orillia, this home also offers easy access to picturesque Kitchener Park and the shores of Lake Simcoe. Inside, you'll find three cozy bedrooms and a full bathroom on the second floor. The main level features a bright kitchen with an adjoining dining area, a welcoming living room, and a versatile additional room ideal for a home office or extra storage. The full basement includes a dedicated pantry space and provides excellent potential for additional living space, storage, or a customized renovation. Outside, the private lot boasts mature trees that create a peaceful retreat in the heart of the city. A long driveway leads to a detached single-car garage, offering ample parking and storage. Whether you're a savvy investor or a buyer eager for a renovation project, 506 West Street South presents a rare opportunity to add value in a desirable Orillia neighborhood. Don't miss your chance to unlock its full potential! Home inspection available.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 22, 2025
Sold price information is available to members only
Listed Date7/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionAluminum Siding
Lot Size50 × 264 Feet
CountySimcoe
Annual Tax$3,208
Legal DescriptionLT 6 RCP 1708 ORILLIA; ORILLIA

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Beach, Park, Public Transit, School, Wooded/Treed

Community Features

Location

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506 West Street, Orillia, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Orillia, Orillia.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$637,476

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Couchiching Heights
Public455 Laclie Street, Orillia, Ontario, L3V 4P7
4.6

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 506 West Street S, Orillia, ON L3V 5H5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$191,920
Monthly Mortgage$1,115
Property Tax (Est.)$267
Utilities & Maint.$350
Total Monthly Cost$1,732

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Orillia.

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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.