321 Franklin Street, Orillia, ON

$539,000
MLS#:S13599742
3 beds
2 baths
1100-1500 sqft
4.0 parking
Residential Freehold
321 Franklin Street, Orillia, ON L3V 1K5

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $539,000 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 60 x 107 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This beautifully maintained bungalow is nestled on a picturesque, family-friendly street in one of Orillia's most desirable neighbourhoods. Offering 3 bedrooms, 2 bathrooms, and an abundance of recent updates, this move-in ready home combines charm, comfort, and exceptional functionality. Step inside to a bright and spacious living and dining area featuring a cozy gas fireplace, perfect for relaxing or entertaining. The stunning newly renovated kitchen has been thoughtfully designed to maximize both style and efficiency, complete with brand new appliances, extensive countertop space, and abundant cabinetry. The main floor also offers three comfortable bedrooms, a beautifully updated 4-piece bathroom, and a bright sunroom overlooking the spacious, level backyard, creating the perfect place to enjoy your morning coffee or unwind after a long day. The full basement provides additional living space with a partially finished recreation room, a convenient 2-piece bathroom, and an unfinished area ideal for a workshop, hobby space, or excellent storage. Adding even more potential is the expansive attic loft space, offering excellent opportunities for future development or additional storage. Outside, you'll find a detached 13'8" x 21' garage and a spacious, level backyard perfect for children, pets, gardening, or entertaining. Lovingly cared for throughout the years, this home has seen numerous recent upgrades including new flooring, a brand new furnace, a completely renovated kitchen with all new appliances, fresh paint throughout and new doors. Located on a quiet residential street just a short walk to Tudhope Park, Moose Beach, and the scenic 9.5 km Millennium Trail along the shores of beautiful Lake Couchiching leading to Orillia's vibrant downtown, this exceptional property is the perfect opportunity for first-time buyers, downsizers, or families looking to enjoy an established neighbourhood with parks, trails, beaches, and amenities just moments away.

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Property Summary

This detached home located at 321 Franklin Street, Orillia is currently for sale and has been available on SousaSells for 14 days. This property is listed at $539,000 with an estimated mortgage of $1,794* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 321 Franklin Street, Orillia is in the Orillia neighborhood.

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

Yes! Featuring 3 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
  • 3 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?

Families, couples, or downsizers looking for a well-proportioned home in Orillia.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/23/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStucco (Plaster), Stone
BasementFull, Partially Finished
Lot Size60 × 107 Feet
CountySimcoe
Annual Tax$3,643
Legal DescriptionLT 56 PL 895 ORILLIA; ORILLIA

Parking & Garage

Parking Total4.0
Parking Space3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 321 Franklin Street, Orillia, ON

Q.What is the asking price for 321 Franklin Street, Orillia, ON ?

The current listing price for 321 Franklin Street, Orillia, ON in Orillia, Orillia is $539,000.

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 321 Franklin Street, Orillia, ON ?

321 Franklin Street, Orillia, ON is a Detached (Bungalow) featuring a Full, Partially Finished 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 4.0 vehicles (Detached).

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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321 Franklin Street, 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 321 Franklin Street, Orillia, ON L3V 1K5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$161,700 (30.0%)
* Minimum Canadian down payment required for this price is $28,900.
Amortization Period30 Years
Estimated Monthly Payment$1,794Based on a loan of $377,300 over 30 years.
Purchase Price$539,000
Loan Amount$377,300
Provincial Land Transfer Tax:$7,255
Total Estimated Closing Taxes:$7,255

About Purchasing a Home in Orillia, ON

For a property listed at $539,000 in Orillia, the legal minimum down payment is $28,900 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 $7,255 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 $7,255.

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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.