506 West Street, Orillia, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $239,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 50 x 264 ft lot
- Features a full, unfinished 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: Storage
- Efficient forced air heating via gas
Description
Opportunity Knocks at 506 West Street South, Orillia! This 1.5-story home is full of potential perfect for those looking to renovate and make it their own or for investors seeking a fantastic rental property. Conveniently located just moments from shopping, dining, entertainment, and downtown Orillia, this home also offers easy access to picturesque Kitchener Park and the shores of Lake Simcoe. Inside, you'll find three cozy bedrooms and a full bathroom on the second floor. The main level features a bright kitchen with an adjoining dining area, a welcoming living room, and a versatile additional room ideal for a home office or extra storage. The full basement includes a dedicated pantry space and provides excellent potential for additional living space, storage, or a customized renovation. Outside, the private lot boasts mature trees that create a peaceful retreat in the heart of the city. A long driveway leads to a detached single-car garage, offering ample parking and storage. Whether you're a savvy investor or a buyer eager for a renovation project, 506 West Street South presents a rare opportunity to add value in a desirable Orillia neighborhood. Don't miss your chance to unlock its full potential! Home inspection available.
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Property Summary
This detached home located at 506 West Street, Orillia is currently for sale and has been available on SousaSells for 392 days. This property is listed at $239,900 with an estimated mortgage of $799* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 506 West 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 1 bathroom, this home offers ample space and comfort for growing families in Orillia, Orillia.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 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
- Beach
- Park
- Public Transit
- School
- Wooded/Treed
Interior Features
- Storage
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 506 West Street, Orillia, ON
Q.What is the asking price for 506 West Street, Orillia, ON ?
The current listing price for 506 West Street, Orillia, ON in Orillia, Orillia is $239,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 506 West Street, Orillia, ON ?
506 West Street, Orillia, ON is a Detached (1 1/2 Storey) featuring a Full, Unfinished basement.
Q.What key property features does 506 West Street, Orillia, ON offer?
Key property features include: Beach, Park, Public Transit, School, Wooded/Treed.
Q.What interior features are included in this home?
Interior highlights include: Storage.
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 None.
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Pricing & Value Insights
Data-driven valuation for 506 West Street S, Orillia, ON L3V 5H5
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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 $239,900 in Orillia, the legal minimum down payment is $11,995 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 $2,124 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 $2,124.
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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.