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671 Driftwood Rd
Orillia | Orillia | L3V 1E1- 3
- 2
- 0
$579,000
Est. Mtg $1,963 /mo-
Days on market
28
-
Status
New
Home details
- MLS #:
S9354308
- Property type:
- Detached
- Style:
- 2-Storey
- Taxes:
- $439,600
- Possession:
- Flexible
- Lot Front:
- 50.0 Feet
- Lot Depth:
- 68.49 Feet
- Basement:
- None |
- Driveway Pkg:
- 5
- Heat:
- Electric | Baseboard
Description
671 Driftwood Rd, , Orillia, Ontario is a Detached property in Orillia and in the Orillia community in the L3V 1E1 postal code
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bathideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillias real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future!.
Extras
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History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2024-03 | 2024-04 | $649,000 | $649,000 | Ter | S8136352 |
| 2024-07 | 2024-07 | $599,000 | $599,000 | Ter | S9019609 |
| 2024-07 | 2024-09 | $579,000 | $579,000 | Ter | S9233546 |
| 2024-09 | 2024-09 | $579,000 | $579,000 | New | S9354308 |
| 2018-09 | $1,065,000 | $1,065,000 | S4031769 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-10 | 82 Dufferin St, | $449,000 | $449,000 | 11 |
| 2024-09 | 115 Colborne St W, | $449,900 | $429,900 | 29 |
| 2024-09 | 11 Frontier Ave, | $875,000 | $830,000 | 79 |
| 2024-08 | 58 Stanton Dr, | $719,000 | $707,500 | 36 |
| 2024-08 | 68 Heyden Ave, | $2,199,900 | $2,120,000 | 18 |
| 2024-08 | 23 Mariposa Dr, | $529,900 | $520,000 | 35 |
| 2024-08 | 3108 Emperor Dr, | $799,900 | $775,000 | 24 |
| 2024-08 | 64 Scott St, | $485,900 | $449,000 | 11 |
| 2024-08 | 32 Pearl Dr, | $633,000 | $610,000 | 28 |
| 2024-07 | 206 Diana Dr, | $799,900 | $770,000 | 17 |
| 2024-07 | 73 Frederick St S, | $749,000 | $715,000 | 96 |
| 2024-06 | 136 Matchedash St N, | $1,250,000 | $1,250,000 | 48 |
| 2024-05 | 279 Matchedash St N, | $689,000 | $660,000 | 38 |
| 2024-05 | 3108 Monarch Dr, | $799,900 | $780,000 | 58 |
| 2024-05 | 166 Diana Dr, | $759,000 | $750,000 | 44 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Detached
Sale activity
Orillia :
Municipality activity All Property Types
Sale activity
Orillia :
Estimated running costs for 671 Driftwood Rd
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $1963 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $36633 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Beach
-
Campground
-
Marina
-
Park
-
Public Transit
Payment calculator
-
Principal and Interest
1963 /mo
-
Property Taxes
$36633 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
P2 Realty Brokerage
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