12 Lankin Boulevard #37, Orillia, ON L3V 6T2
Orillia, ON, L3V 6T2 · Orillia
About this property
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 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 slice of Orillia heaven!
Features & Amenities
- Basement: Full, Unfinished
- Garage: Attached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Multi-Level
- Construction: Stone, Vinyl Siding
- Exposure: West
Property Details
| Property Type | Residential Condo & Other |
|---|---|
| Property Sub-Type | Condo Townhouse |
| Architectural Style | Multi-Level |
| Bedrooms | 3 |
| Bathrooms | 1 |
| Basement | Full, Unfinished |
| Garage | Attached |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Annual Tax | $3,885 |
| Tax Year | 2025 |
| Association Fee | $216 / |
Interior Features
- Interior Features
- Rough-In Bath
- Laundry Features
- In Basement
Exterior Features
- Exterior Features
- Year Round Living
- Balcony Type
- Open
Building & Construction
- Architectural Style
- Multi-Level
- Construction Materials
- Stone, Vinyl Siding
- Roof
- Asphalt Shingle
- Basement
- Full, Unfinished
- Approximate Age
- 31-50
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 1
- Parking Total
- 2.00
- Covered Spaces
- 1
Community & Neighborhood
- Property Features
- Beach, Lake Access, Park, Place Of Worship, School, School Bus Route
- Association Name
- SCC
Financial & Tax
- Tax Annual Amount
- $3,885
- Tax Year
- 2025
- Association Fee
- $216
- Association Fee Includes
- Parking Included, Common Elements Included
- Possession Type
- Flexible
- Possession Details
- Flexible
Room Details
- Rooms Above Grade
- 9
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 3
Additional Details
- Occupant Type
- Owner
- Exposure
- West
- County Or Parish
- Simcoe
- Cross Street
- Victoria Crescent and Lankin Blvd
- Directions
- Hwy 12S, turn south onto Gill St, left onto Victoria Cres, left onto Lankin Blvd
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
12 Lankin Boulevard #37, Orillia, ON L3V 6T2, Orillia, ON, L3V 6T2