Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $649,900 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.
Completely rebuilt over the last year, this turn-key duplex offers a rare opportunity to own a modern income property right in the heart of downtown Orillia In the ability for you to set your own rents. Located just around the corner from the iconic Mariposa Market and within walking distance to the shops, restaurants, waterfront, and amenities residents know and love, this property blends strong investment appeal with an unbeatable location. Both units feature modern finishes and separate hydro and water services, with ample on-site parking available for tenants and guests. A shared ground floor laundry area provides additional convenience, while also offering the opportunity for added cash flow through a coin laundry setup. The unfinished walk-up basement has already been rough-in ready for finishing and presents excellent potential for a future third unit, subject to approvals. The property is also equipped with a 400 amp electrical service, along with a fourth panel already installed, opening the door for future ADU potential. Whether you're looking to expand your portfolio, house hack, or secure a strong long-term investment in one of Orillia's most walkable neighbourhoods, this property is a rare find.
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Hospital, Park, Place Of Worship, School Bus Route
Carpet Free, Separate Heating Controls, Separate Hydro Meter
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 64 Matchedash Street S, Orillia, ON L3V 4W5
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 $649,900 in Orillia, the legal minimum down payment is $39,990 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 $9,473 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 $9,473.
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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.