232 Mary Street, Orillia, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $529,000 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 50 x 171 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater Owned, Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
ATTENTION INVESTORS & SAVVY HOMEOWNERS-REGISTERED DUPLEX WITH IMMEDIATE CASH FLOW POTENTIAL. Spacious 2-bedroom upper unit plus a separate 1-bedroom lower suite. Live up and rent down, or rent both-either way, this property helps pay your mortgage. Nestled on a generous lot with a huge backyard and room to grow, this home offers endless value-add potential. Prime location steps to Soldiers Memorial, minutes to the Highway, and close to transit, shops, and amenities. Whether you're building your portfolio or entering the market with built-in income, this is the rare opportunity you've been waiting for.
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Property Summary
This duplex located at 232 Mary Street, Orillia is currently for sale and has been available on SousaSells for 9 days. This property is listed at $529,000 with an estimated mortgage of $1,761* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 232 Mary Street, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Water Heater Owned, Sump Pump
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 232 Mary Street, Orillia, ON L3V 7Y7
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 $529,000 in Orillia, the legal minimum down payment is $27,900 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 $7,055 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 $7,055.
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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.