16 Louise Lane, Orillia, ON
Property no longer active
This property was sold on December 5, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised link located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $589,000 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 700-1100 sqft on a premium 36.4 x 100 ft lot
- Features a finished, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
In-Law Capable Raised Bungalow in Orillia's West Ward. Upper level with 3 bedrooms and 4 pc bath freshly painted and new carpet in bedrooms. Main level also boasts hardwood in living/dining and hallway. Lower level with 2 bedrooms and 3 pc bath. Laundry facilities available in lower level. Lower level freshly painted and new vinyl flooring. New furnace August 2024 (owned). Great way to make homebuying affordable with separate inlaw suite.
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Property Summary
This link located at 16 Louise Lane, Orillia is currently for sale and has been available on SousaSells for 637 days. This property is listed at $589,000 with an estimated mortgage of $1,961* per month. It has 5 beds, 2 bathrooms, and is 700-1100 square feet. 16 Louise Lane, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •700-1100 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Orillia, Orillia.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 16 Louise Lane, Orillia, ON
Q.What is the asking price for 16 Louise Lane, Orillia, ON ?
The current listing price for 16 Louise Lane, Orillia, ON in Orillia, Orillia is $589,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 700-1100 sqft.
Q.What property type and architectural style is 16 Louise Lane, Orillia, ON ?
16 Louise Lane, Orillia, ON is a Link (Bungalow-Raised) featuring a Finished, Walk-Up basement.
Q.What interior features are included in this home?
Interior highlights include: Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 16 Louise Lane, Orillia, ON L3V 7W1
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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 $589,000 in Orillia, the legal minimum down payment is $33,900 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 $8,255 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 $8,255.
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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.