671 Driftwood Road No longer available

Orillia, South Ward, L3V 1E1

$579,000

Description

Listed by Royal LePage Quest Brokerage, Orillia.

Top 5 Reasons You’ll Love This Property: 1) TWO HOMES ON 1 LOT: Featuring two detached houses with minimal upkeep. The main house has 3 bedrooms and 2 bathrooms, while the secondary house offers 2 bedrooms and 1 bathroom, both designed for low maintenance. 2) CASH FLOW POSTIVE INVESTMENT: Generate over $3800 per month in rental income from both units, ensuring a steady income stream and a financially sound investment. 3) Broad Appeal: Perfect for investors and first-time homebuyers alike. Live in one unit while renting out the other, or rent both for maximum income flexibility. 4) Immediate Flexibility: The secondary suite is vacant upon possession, allowing you to live in one home or set your own rental rates right away. 5) Prime Location and Lakeside Proximity: Just 90 minutes north of the GTA, enjoy serene Lake Simcoe views and easy access to boat docks. Minutes from downtown Orillia and Casino Rama, surrounded by high-end developments promising substantial future growth. Don’t miss this chance to invest in the thriving Sunshine City, Orillia. Call today to book a showing. Age 84.

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: 40627606
  • Property Price: $579,000
  • Style: Single Family Residence, Two Story
  • Sq/Ft: 1250
  • Rooms: 7+0
  • Bedrooms: 3+0
  • Bath: 2
  • 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 6 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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