#37 - 12 Lankin Boulevard Orillia, Ontario L3V 6T2
$399,000Maintenance, Parking, Common Area Maintenance
$215.99 Monthly
Maintenance, Parking, Common Area Maintenance
$215.99 MonthlyATTENTION ONTARIO INVESTORS/ HOME OWNERS: 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 & is priced aggressively to move. Welcome to Unit 37 at 12 Lankin Blvd, Orillia. THE WATERFRONT ADVANTAGE: 2 Minutes to Paradise. They say "location, location, location," & in real estate, waterfront access is king. Unit 37 is strategically positioned just a 2-minute walk from the sparkling shores of Lake Simcoe. Residents can carry a paddleboard or kayak straight from their front door to the water, enjoy miles of scenic waterfront trails, or spend afternoons at nearby beach parks. This isn't just a place to live; it's a lifestyle asset. The combination of affordability, location & recreation makes this an attractive rental or home opportunity. THE NUMBERS: Positive Cash Flow Potential. Finding an asset that pays for itself and leaves money in your pocket is increasingly difficult. Unit 37 breaks the mold. Investor Snapshot : Purchase Price: $415,000, 20% Down Payment: $83,000 Current Rental Income: $2,400/month Condo Fees: $216/month Property Taxes: Approx. $333/month Estimated Mortgage Payment (30-Year @ 4.5%): $1,674/month Estimated Monthly Cash Flow: $153.67/month * Plus approximately $449.62/month in mortgage principal reduction during Year 1, helping build equity with every payment. Whether you're expanding your portfolio, entering the investment market, first time home owner or downsizing; opportunities like this are becoming increasingly difficult to find.* Investment calculations are estimates only. Buyers advised to verify all rental income, expenses, financing costs & investment assumptions independently. Don't let another investor buy your future. Book your private showing today & claim your slice of Orillia heaven! (id:63203)
Property Details
| MLS® Number | S13043796 |
| Property Type | Single Family |
| Community Name | Orillia |
| Amenities Near By | Beach, Park, Place Of Worship, Schools |
| Community Features | Pets Allowed With Restrictions, School Bus |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Balcony |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 31 To 50 Years |
| Appliances | All, Dishwasher, Stove, Refrigerator |
| Architectural Style | Multi-level |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 - 1,399 Ft2 |
| Type | Row / Townhouse |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Park, Place Of Worship, Schools |
| Zoning Description | Rm1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.14 m | 3.25 m | 4.14 m x 3.25 m |
| Second Level | Bathroom | 2.54 m | 2.31 m | 2.54 m x 2.31 m |
| Third Level | Bedroom 2 | 5.74 m | 2.87 m | 5.74 m x 2.87 m |
| Third Level | Bedroom 3 | 4.67 m | 2.71 m | 4.67 m x 2.71 m |
| Basement | Other | 5.74 m | 5.66 m | 5.74 m x 5.66 m |
| Main Level | Foyer | 2.43 m | 2.31 m | 2.43 m x 2.31 m |
| Main Level | Living Room | 4.69 m | 3.17 m | 4.69 m x 3.17 m |
| Main Level | Dining Room | 3.3 m | 2.51 m | 3.3 m x 2.51 m |
| Main Level | Kitchen | 3.14 m | 2.41 m | 3.14 m x 2.41 m |
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June 20 2026 05:09:33
Toronto Regional Real Estate Board
One Percent Realty Ltd.