671 Driftwood Rd

Orillia, Orillia

CA$579,000

For
Sale

bedrooms

3

bathrooms

2

Square Footage

1100-1500

Type of Property

Detached

Wedu Estimate*
New

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Details

Overview

Type
Detached
Style
2-Storey
Size
1100-1500 Sqft
Taxes
CA$439,600/yr

Description

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? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll 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 bathideal 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 Orillias real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future!

This detached home located at 671 Driftwood Rd, Orillia, ON L3V 1E1 is currently for For Sale and has been available on Wedu.ca for 30 days. This property is listed at CA$579K. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. The property is N/A years old. 671 Driftwood Rd, Orillia, ON L3V 1E1 is in Orillia neighborhood Orillia.

Fees

Taxes
CA$439,600/yr
Tax Year
2023

Inside

Bedrooms
3
Bathrooms
2
Kitchens
1
Rooms
7
Den/Family Room
Yes
Air Conditioning
Window Unit
Laundry

Building

Basement Details
None
Fuel
Electric
Heating
Baseboard
Water Supply
Municipal
Exterior
Vinyl Siding
Roof
Asphalt Shingle

Land

Zoning
R2i
Depth
68
Width
50
Lot Size Units
Feet
Sewer
Sewers
Pool
None
Cross Street
HWY 12 West to Orchard Point to DriftWood
Neighbourhood
Orillia
City
Orillia

Parking

Garage
None
Parking Features
Parking Places
5

Metadata

Added
9/17/2024
Updated
10/17/2024
MLS®#
S9354308
Days on Market
30
Source
TRREB

Rooms

Prim Bdrm2nd3.78 x 3.94
Br2nd3.96 x 2.9
Bathroom2nd2.18 x 1.83
Br2nd4.47 x 2.79
BathroomMain1.75 x 1.68
KitchenMain3.05 x 2.44
LivingMain4.75 x 2.54

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