671 Driftwood Road For Sale

Orillia, South Ward, L3V 1E1

$579,000

Description

Listed by Royal LePage Quest Brokerage, Orillia.

Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillia’s real estate market and secure your future cash flow and growth. Contact today to get a copy of the financial breakdown or book a showing.

Dryer,Hot Water Tank Owned,Range Hood,Refrigerator,Stove,Washer

Location

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  • Address: 671 Driftwood Road
  • Neighborhood: South Ward
  • City: Orillia
  • State: ON
  • Postal Code: L3V 1E1

Property Details

  • Property ID: 40641885
  • Property Price: $579,000
  • Style: Single Family Residence, Two Story
  • Sq/Ft: 1250
  • Rooms: 8+0
  • Bedrooms: 5+0
  • Bath: 3
  • Parking Spaces: 5
  • Year Built: 1940
  • A/C: Window Unit(s)
  • Exterior: Vinyl Siding
  • Heating: Baseboard, Forced Air
  • Taxes: $4,396.00 (2023)
  • Exposure: South

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Room details and dimensions

Statistics for similar Single Family Residence homes in South Ward

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Single Family Residence homes in South Ward

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Single Family Residence homes in South Ward

Property History

This property has been sold 8 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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