23 Penetang Street, Orillia, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 54.99 x 90 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment, Carpet Free, In-Law Capability
- Efficient forced air heating via gas
Description
Step into a rare opportunity to own a beautifully maintained legal duplex that perfectly blends historic charm with modern convenience. This impressive two-storey home features two completely separate self-contained units, each with its own private entrance and dedicated driveway as well as separate electric meters offering exceptional privacy for both owners and tenants .With over 100 years of history, this home has been thoughtfully updated (roof 2021) owner occupied and meticulously maintained while preserving the timeless character that makes it truly special. Original antique details and architectural features remain beautifully intact, showcasing craftsmanship that simply can't be replicated.Ideally located close to schools, shopping, public transit, the hospital, the waterfront, Main Street, and with quick access to Highway 11, this property offers outstanding convenience for commuters, families, and investors alike.Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, or accommodate multi-generational living, this unique legal duplex is a rare find that combines character, functionality, and an unbeatable location.
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Property Summary
This detached home located at 23 Penetang Street, Orillia is currently for sale and has been available on SousaSells for 1 day. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 23 Penetang Street, 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
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Features
Property Features
Hospital, Public Transit, School Bus Route
Interior Features
Accessory Apartment, Carpet Free, In-Law Capability
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Community Features
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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 23 Penetang Street, Orillia, ON L3V 3N1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $549,900 in Orillia, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
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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.