246 Mary Street, Orillia, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium board & batten and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $525,000 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 2000-2500 sqft on a premium 50 x 171.29 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient forced air heating via gas
Description
VERSATILE 2-STOREY HOME WITH TWO SELF-CONTAINED LIVING SPACES ON AN EXTRA-DEEP LOT IN THE HEART OF ORILLIA! Rarely offered and full of opportunity, this 2-storey home in the heart of Orillia is the kind of property buyers wait for! Ideally located just minutes from Orillia Soldiers' Memorial Hospital, Orillia Opera House, Couchiching Beach Park with beautiful shoreline trails, schools, shopping, dining, the rec centre, and the iconic Mariposa Market, this property places everyday convenience and vibrant community amenities right at your doorstep. Featuring two recently updated self-contained units, it offers exceptional flexibility for first-time buyers, or multi-generational families looking to live comfortably. The spacious main floor suite impresses with 3 bedrooms, a bright separate living room, a large dining area, abundant storage, basement access, a 4-piece bathroom, and in-suite laundry, while the upper-level suite offers a warm and inviting atmosphere with 2 generously sized bedrooms and a well-appointed 4-piece bathroom. Step outside to discover an expansive extra-deep lot with endless future potential, whether you envision additional living space, an accessory dwelling unit, or simply enjoying the privacy of your own backyard retreat complete with mature trees, a covered patio, and sprawling green space. A large rear parking area adds even more practicality, while quick Highway 11 access makes commuting south or escaping to cottage country effortless. This standout #HomeToStay offers the flexibility and long-term value today's buyers are searching for!
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Interior Features
Separate Hydro Meter
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Pricing & Value Insights
Data-driven valuation for 246 Mary Street, Orillia, ON L3V 3E6
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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 $525,000 in Orillia, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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.