198 Lucy Lane, Orillia, ON

$699,900
MLS#:S11976790
2 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
198 Lucy Lane, Orillia, ON L3V 0G3
⚠️

Property no longer active

This property was sold on March 17, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow att/row/townhouse located in the coveted neighborhood of Orillia. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $699,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 26.25 x 106.11 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Floor Drain, Sump Pump
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

THE RIGHT MOVE for all on one floor living is here at the NORTH LAKE VILLAGE. The NEIGHBOURHOOD is quiet and mostly downsizers and retirees. THE FLOOR PLAN: Open concept living/dining room, spacious kitchen has plenty of cupboards, countertop with breakfast bar and lovely pendant lighting. A wave of the hand turns on the undermount lighting. A walk-in pantry is ready for your shelving concepts. Directly across from the kitchen is a convenient mud/laundry room with inside entry to the finished garage. The primary bedroom is spacious, a walk-in closet and 3 pc en-suite at the rear of the home while the guest(2nd) bedroom and 4pc bath is at the front which is great for guests, a tv room or an office. TAYLORED FEATURES of this home include the rear yard and deck facing the trees for a beautiful backdrop to the patio door in the living room. Walk from your back yard with only steps to the Millenium trail. No easement for access from neighbouring properties allows for privacy fencing. What a huge bonus! Paved driveway, single garage with finished interior and nearby visitor parking. 9 foot ceilings, tasteful modern and neutral finishes. The stairwell to the full basement is finished. This is a fantastic community with amazing residents. IT'S THE RIGHT MOVE.

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Property Summary

This townhouse located at 198 Lucy Lane, Orillia is currently for sale and has been available on SousaSells for 534 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 2 beds, 2 bathrooms, and is 1100-1500 square feet. 198 Lucy Lane, Orillia is in the Orillia neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 17, 2025
Sold price information is available to members only
Listed Date2/18/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural StyleBungalow
ConstructionStone, Vinyl Siding
BasementFull, Unfinished
Lot Size26.25 × 106.11 Feet
CountySimcoe
Annual Tax$4,214.76
Legal DescriptionPART BLOCK 15 PLAN 51M1096 PT 4 51R40798 "TOGETHER WITH AN UNDIVIDED COMMON INTEREST IN SIMCOE COMMON ELEMENTS CONDOMINIUM PLAN NO. 424" TOGETHER WITH AN EASEMENT OVER PT LTS 3 & 4 CON 6 SOUTH ORILLIA PTS 1 & 2 51R39133 AS IN SC1119302 SUBJECT TO AN EASEMENT IN GROSS AS IN SC1119300 CITY OF ORILLIA

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Auto Garage Door Remote
  • Floor Drain
  • Sump Pump

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 198 Lucy Lane, Orillia, ON

Q.What is the asking price for 198 Lucy Lane, Orillia, ON ?

The current listing price for 198 Lucy Lane, Orillia, ON in Orillia, Orillia is $699,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 198 Lucy Lane, Orillia, ON ?

198 Lucy Lane, Orillia, ON is a Att/Row/Townhouse (Bungalow) featuring a Full, Unfinished basement.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Floor Drain, Sump Pump.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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198 Lucy Lane, Orillia, ON

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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 198 Lucy Lane, Orillia, ON L3V 0G3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.

Configure Loan Settings

Interest Rate4.00%
Down Payment$209,970 (30.0%)
* Minimum Canadian down payment required for this price is $44,990.
Amortization Period30 Years
Estimated Monthly Payment$2,330Based on a loan of $489,930 over 30 years.
Purchase Price$699,900
Loan Amount$489,930
Provincial Land Transfer Tax:$10,473
Total Estimated Closing Taxes:$10,473

About Purchasing a Home in Orillia, ON

For a property listed at $699,900 in Orillia, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.

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Orillia, Orillia Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,130

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Orillia, Orillia

Elementary Schools

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Regent Park
Public485 Regent Street, Orillia, Ontario, L3V 4E2
3.9

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Orillia, Orillia Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.