295 Bay Street, Orillia, ON
Property no longer active
This property was sold on April 18, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Sidesplit 4 detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 65.4 x 109.29 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: In-Law Capability
- Efficient forced air heating via gas
Description
The property at 295 Bay Street in Orillia is a four-level side-split home featuring 3 bedrooms and 1.5 bathrooms, encompassing approximately 1,200 square feet of living space. It's situated directly across from the picturesque Lake Couchiching, offering scenic views and easy access to waterfront activities. The location is highly desirable, being within walking distance to the beach, the Lightfoot Trail, downtown shopping areas, and the marina. The interior of the home remains in its original condition, providing a unique opportunity for customization and modernization to suit contemporary tastes. The layout includes three bedrooms, one full bathroom, and a half bathroom, with additional bonus space on the lower levels that can be adapted for various uses. The property also boasts a private fenced yard, ideal for outdoor activities and gardening enthusiasts. Given its prime location in Orillia's North Ward, proximity to local amenities, and the charm of the surrounding area, this property presents a valuable opportunity for those looking to invest in a home with great potential in a sought-after neighborhood.
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Property Summary
This detached home located at 295 Bay Street, Orillia is currently for sale and has been available on SousaSells for 506 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 295 Bay Street, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Orillia.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- In-Law Capability
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 295 Bay Street, Orillia, ON
Q.What is the asking price for 295 Bay Street, Orillia, ON ?
The current listing price for 295 Bay Street, Orillia, ON in Orillia, Orillia is $499,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 295 Bay Street, Orillia, ON ?
295 Bay Street, Orillia, ON is a Detached (Sidesplit 4) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: In-Law Capability.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Data-driven valuation for 295 Bay Street, Orillia, ON L3V 3X2
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About Purchasing a Home in Orillia, ON
For a property listed at $499,000 in Orillia, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.