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12 Lankin Boulevard #37, Orillia, ON L3V 6T2

Orillia, ON, L3V 6T2 · Orillia

3 Beds
1 Baths
Sq Ft
1 Parking
Condo Townhouse Type
S13043796 MLS#

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

Listing courtesy of ONE PERCENT REALTY LTD.
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