
This property was sold on February 13, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Orillia. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $589,500 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.
This Charming Neighbourhood is Ideal for Families. This North Ward Home is Full of Potential and Just Needs a Bit of TLC. It Boasts a Spacious, Fenced-in Yard with Mature Trees, Offering Plenty of Privacy. You'll Also Enjoy Deeded Access to a Waterfront Park and the Scenic Millennium Trail, which leads to Lake Couchiching. The Home Features 3 Bedrooms, 1 Bathroom, and a Rec Room Ready for your Personal Touch. Plus, There's a Bonus Bunkie with Hydro, Heat Pump and Wi-Fi, Providing Extra Space for Your Family. Hygrade Metal Roof with Lifetime Warranty on the home.Take Advantage of the Nearby Schools, Charming Orillia Downtown Shops, Recreation Center, and a Variety of Restaurants. **EXTRAS** There is a Bonus Bunkie, With Heat Pump, Hydro & Wi-Fi - completed Nov. 2024.
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This detached home located at 554 Drinkwater Drive, Orillia is currently for sale and has been available on SousaSells for 559 days. This property is listed at $589,500 with an estimated mortgage of $1,962* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 554 Drinkwater Drive, 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.
Families, couples, or downsizers looking for a well-proportioned home in Orillia.
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The current listing price for 554 Drinkwater Drive, Orillia, ON in Orillia, Orillia is $589,500.
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
554 Drinkwater Drive, Orillia, ON is a Detached (1 1/2 Storey) featuring a Unfinished basement.
Key property features include: Beach, Fenced Yard, Golf, Lake Access, Park, School.
Interior highlights include: Other.
Yes, this property offers parking space for 6.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 554 Drinkwater Drive E, Orillia, ON L3V 3W7
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 $589,500 in Orillia, the legal minimum down payment is $33,950 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 $8,265 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 $8,265.
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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.