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$399K · 3 bed Condo Townhouse · Orillia, Orillia | MyPropertyScout

$399,000

Unit #37

66 DOM

3166d

Map

⚡ Insider Deal

DOM 66

↓ $39,900Price Reduced

$399,000

F●●○○○DOM66days

Unit #37

Lankin Shores · 12 Lankin Boulevard · Orillia · Ontario L3V 6T2

MLS® S13043796 · Orillia · L3V 6T2

31OwnerOccupied1200-1399 ft²Condo Townhouse1-car Attached66d$307/ft²$3,885 tax/yrBuilt 198541 yrs old

21% above market · regional est. · 66 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

ATTENTION ONTARIO INVESTORS: THE HOLY GRAIL OF CASH FLOW HAS ARRIVED! Stop scrolling. Stop settling for low returns. While average home prices in Orillia soar past $590,000, an absolute unicorn has landed on the MLS. This premium, high-yielding, multi-level 3-bedroom townhome sits comfortably in an explosive growth corridor and is priced aggressively to move. Welcome to Unit 37 at 12 Lankin Boulevard, Orillia. THE WATERFRONT ADVANTAGE: 2 Minutes to Paradise. They say "location, location, locatio…

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Property details

MLS#: S13043796
Status: Buy Now
Beds: 3
Baths: 1 full, 0 half
Size: 1200-1399
Style: Multi-Level
Type: Condo Townhouse
Year built: —

Roof: Asphalt Shingle
Property features: Beach, Lake Access, Park, Place Of Worship, School, School Bus Route

Building name: Lankin Shores
Condo corp #: 27
Balcony: Open
Locker: None
Fees include: Parking Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: 1-car Attached
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Stone, Vinyl Siding · Year Round Living
Fronting on: —
Cross street: Victoria Crescent and Lankin Blvd
Basement: Full, Unfinished
Stories: —
Utilities: —
Laundry: In Basement
Interior: Rough-In Bath
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Foyer	2.31m × 2.43m
Main	Living Room	3.17m × 4.69m
Main	Dining Room	2.51m × 3.3m
Main	Kitchen	2.41m × 3.14m
Second	Primary Bedroom	3.25m × 4.14m
Second	Bathroom	2.31m × 2.54m
Third	Bedroom 2	2.87m × 5.74m
Third	Bedroom 3	2.71m × 4.67m
Basement	Other	5.66m × 5.74m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: ONE PERCENT REALTY LTD.

Source: TRREB/PROPTX · MLS® S13043796

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$399K

Unit #37 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $399,000✓ $3,885 tax✓ Gas✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,646/mo

incl. closing costs (yr 1)

Annual total

$43,751

year 1

Mortgage only

$1,514/mo

principal + interest

Beyond mortgage

$1,302/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$79,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$324/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,990/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$18/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,460

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $18,164/yr

Property taxes19% $8,345/yr

Utilities9% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,990/yr

Condo fees6% $2,592/yr

Closing costs12% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$18,164	$1,514/mo
Government & taxes
Property tax	$3,885	$324/mo
Land transfer tax(closing)	$4,460	$372/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,990	$333/mo
Condo fees
Condo / HOA fees	$2,592	$216/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$43,751	$3,646/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit #37

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs