Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,999 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.
Looking for a single-family home with true multigenerational living, an in-law suite, or rental income potential? This exceptional property offers all of that - and more. Welcome to 2997 Stone Ridge Boulevard, located in Orillia's thriving West Ridge community. Built in 2018 and proudly owned and meticulously maintained by the original homeowners, this modern bungalow offers flexibility, space, and long-term value. The bright, open-concept main level features over 1,600 square feet of living space, including three bedrooms and two bathrooms, highlighted by a 3-piece ensuite off the primary bedroom and the convenience of main-level laundry. Large windows and a functional layout make this level ideal for everyday family living. An additional 400 square feet of basement space provides room for a rec room, storage, and includes a cold room, adding even more practicality to the home. The real standout is the fully finished lower level with a private, separate entrance, offering over 1,200 square feet of independent living space. This level includes two bedrooms, one bathroom, a second kitchen, a cozy family room, and separate lower-level laundry - perfect for extended family, guests, or generating rental income to help offset mortgage payments. Additional features include an attached garage and a fully fenced backyard backing onto greenspace, with no neighbours behind and a peaceful forest view. Ideally located in one of Orillia's fastest-growing neighbourhoods, this home is just steps from Walter Henry Park, Costco, Lakehead University, and is close to grocery stores, restaurants, Cineplex, Bass Lake Provincial Park, and both elementary and high schools. Quick and easy access to Highway 11 makes commuting a breeze. Offering the perfect blend of comfort, flexibility, and convenience, this is a home you won't want to miss.
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Primary Bedroom - Main Floor, In-Law Capability
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2997 Stone Ridge Boulevard, Orillia, ON L3V 8J5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Orillia.
About Purchasing a Home in Orillia, ON
For a property listed at $849,999 in Orillia, the legal minimum down payment is $60,000 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 $13,475 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 $13,475.
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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.