212 Laclie Street, Orillia, ON
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Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $489,888 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30 x 88 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Other
- Efficient forced air heating via gas
Description
Struggling To Find An Investment Property That Not Only Generates Solid Rental Income But Also Offers A Way To Secure A Stable Financial Future? Balancing The Costs Of Homeownership With Potential Returns Can Feel Like An Overwhelming Challenge In Todays Market. This Is Where The Orillia North Ward Duplex Shines! With A *$3,200/Month Rental Potential* This Brick Duplex Is A Rare Opportunity For Investors And Homebuyers Alike. Enjoying Both Cash Flow And Personal Comfort! Are You Searching For A Property That Offers Income Potential And A Way To Ease Your Mortgage Burden? This Orillia North Ward Duplex Is The Perfect Answer! Live In The Main Unit, Rent Out The Second, And Enjoy A *$566.92 Monthly Surplus* After Expenses. With Low Overhead, Its An Unbeatable Opportunity For Your Financial Future. The Duplex Features A *2-Bedroom Upstairs Unit* And A *1-Bedroom Main Floor Unit With A Walkout Deck And Backyard. Based On A Selling Price Of **$500,000, With A Down Payment Of **$100,000, And A Mortgage At The Current Rate Of **4.74%, Your Monthly Mortgage Payment Could Be **$2,073.08. After Expenses Like Gas, Water, Electricity, And Taxes, You'll Have A **$566.92 Monthly Surplus*A Fantastic Cushion For Any Property-Related Costs Or Savings! Don't Miss Out On This Smart Investment! Whether You're A Savvy Investor Or A Homeowner Looking To Balance Your Mortgage With Rental Income, This Is Your Chance To Capitalize On Orillia's Thriving Market. Act Now Before This Opportunity Slips Away!
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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 212 Laclie Street, Orillia, ON L3V 4N6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $489,888 in Orillia, the legal minimum down payment is $24,494 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,273 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,273.
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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.
