124 Davey Drive, Orillia, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $598,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 56.25 x 174.55 ft lot
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- Efficient baseboard heating via electric
Description
RARE Lake Couchiching WATERFRONT INVESTMENT and development opportunity in Orillia! Located on the tranquil shores of Pumpkin Bay, this exceptional waterfront property features approximately 50 ft of water ownership, breathtaking eastern sunrises, direct access to the Trent-Severn Waterway for endless boating. The existing home has been FULLY GUTTED and is ready for redevelopment. According to the City of Orillia's zoning department, the property permits a semi-detached dwelling, a second storey, and up to five additional residential units, creating exceptional investment and development potential. Situated on a rare double lot, the property also offers future severance potential (buyer to complete their own due diligence). Just a 7-minute walk to Downtown Orillia, you'll enjoy boutique shops, restaurants, cafés, waterfront parks, nearby walking and cycling trails. Whether you're looking to build a luxury lakeside residence, develop an income-producing property, or create your own four-season waterfront paradise, this is a rare opportunity to make your vision a reality.
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Property Summary
This detached home located at 124 Davey Drive, Orillia is currently for sale and has been available on SousaSells for 2 days. This property is listed at $598,999 with an estimated mortgage of $1,994* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 124 Davey Drive, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Other
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 124 Davey Drive, Orillia, ON L3V 4G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.
Configure Loan Settings
About Purchasing a Home in Orillia, ON
For a property listed at $598,999 in Orillia, the legal minimum down payment is $34,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,455 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,455.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.