342 Linwood Avenue, Orillia, ON
Property no longer active
This property was sold on July 15, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $624,900 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.
- 5 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 41 x 116.4 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare opportunity to own what is essentially two homes for the price of one! This unique vertical split duplex offers exceptional flexibility for investors, first-time buyers, multi-generational families, or anyone looking to offset mortgage expenses through rental income. Unlike a traditional upper/lower duplex, the layout could easily function as a spacious single-family home again, offering incredible flexibility for the future. Unit A features 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms, 2 bathrooms, a fully finished basement, and walkout access from the kitchen and living area to a covered deck overlooking the private backyard. The perfect house hacking opportunity, live in one unit while rental income from the other helps offset your mortgage, or maximize cash flow by renting both units. One unit is currently tenanted while the other is vacant, providing immediate flexibility for owner occupancy or market rent potential. Complete with a private backyard, covered deck, and separate storage shed for each unit, this well-maintained property is ideally located within walking distance to schools, shopping, parks, and public transit. A rare opportunity combining lifestyle, income potential, and long-term flexibility in one exceptional property.
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Property Summary
This duplex located at 342 Linwood Avenue, Orillia is currently for sale and has been available on SousaSells for 38 days. This property is listed at $624,900 with an estimated mortgage of $2,080* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 342 Linwood Avenue, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Campground, Hospital, Lake/Pond, School
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 342 Linwood Avenue, Orillia, ON L3V 2X1
Based on 0 recent similar sales in the pocket.
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 $624,900 in Orillia, the legal minimum down payment is $37,490 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 $8,973 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 $8,973.
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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.