12 Lankin BLVD ##37, Orillia, ON L3V 6T2
12 Lankin BLVD ##37, Orillia, ON L3V 6T2
12 Lankin BLVD ##37, Orillia, ON L3V 6T2
12 Lankin BLVD ##37, Orillia, ON L3V 6T2
12 Lankin BLVD ##37, Orillia, ON L3V 6T2
12 Lankin BLVD ##37, Orillia, ON L3V 6T2
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$ 405,990
Est. payment | /mo

3 Beds

1 Bath


Save
$ 405,990
Est. payment | /mo
Save

3 Beds

1 Bath

Key Details

Property Type Townhouse

Sub Type Condo Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1200-1399

Subdivision Orillia

MLS Listing ID S13541876

Style Multi-Level

Bedrooms 3

Maintenance Fees $215

HOA Fees $215

Annual Tax Amount $3,885

Tax Year 2025

Property Sub-Type Condo Townhouse

Property Description

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 say 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 own slice of Orillia heaven!

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 1

Interior

Interior Features Rough-In Bath, Floor Drain

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Year Round Living

Garage Spaces 1.0

Roof Type Asphalt Shingle

Topography Dry,Level

Exposure West

Total Parking Spaces 2

Balcony Open

Building

Building Age 31-50

Story Ground

Unit Features Beach,Lake Access,Park,Place Of Worship,School,School Bus Route

Locker None

Others

Pets Allowed Yes-with Restrictions

ParcelsYN No

Listed by ONE PERCENT REALTY LTD.

Nearby Locations

Mark Weiland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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12 Lankin BLVD ##37