205 MARY Street, Orillia, Ontario

ID#500583 | MLS# 40267055 | Listed at $649,900.00
Real Estate - Orillia -
Trisha Bowman - Sales Representative & Hailey Tilleczek - Sales Representative
Trisha Bowman
Sales Representative
Hailey Tilleczek
Sales Representative

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Description
THIS COULD BE THE ONE, OFFERS MANY OPTIONS. OUR LOCAL REAL ESTATE MARKET IS REMAINING STRONG, WITH SLOWER PACE OF INCREASES, BRINGS THIS PERFECT TIME TO GET INTO THE REAL ESTATE MARKET. PURCHASE 205 MARY ST AS A HOME WITH AN EXISTING IN-LAW SUITE IN LOWER LEVEL, OR RENT OUT THE SECOND UNIT TO HELP WITH THE MORTGAGE. SEPARATE ENTRANCE TO LOWER UNIT FROM THE BACK OF THS HOUSE FOR ACCESS TO THE ONE BEDROOM IN-LAW SUITE. WELL MAINTAINED ALL BRICK, 3+1 BEDROOM BUNGALOW WITH DETACHED (INTERESTING) GARAGE SPACE, HAS A LOWER LEVEL PERFECT FOR STORAGE OR SET UP AS A WORK SPACE. RECENT UPDATES INCLUDE BUT NOT LIMITED TO: WITHING 4 YEARS - FURNACE AND ROOF SHINGLES; WITHIN 15 YEARS - WINDOWS, PLUMBING, ELECTRICAL. THIS PROPERTY IS IDEAL FOR FIRST TIME HOME BUYERS OR RETIREES, WITH THE BUNGALOW DESIGN FLOOR PLAN, GREAT FOR SMALL CHILDREN OR IF RETIREES HAVE MOBILITY CONCERNS. ALSO FOR INVESTORS LOOKING TO ADD TO THEIR INVESTMENT PORTFOLIO, WITH 2 EXISTING UNITS TO RENT. PLEASE NOTE THAT THIS IS NOT A DUPLEX. THE OPTION IS CERTAINLY POSSIBLE, APPLY TO THE CITY OF ORILLIA, TAKE THE NECESSARY STEPS, TO CREATE A LEGAL DUPLEX. SHARED LAUNDRY IN LOWER LEVEL, OFFERS BOTH UNITS A CONVENIENT PERK. LARGE, DEEP CITY LOT, IS LANDSCAPED, WELL TREED, FENCED AND PRIVATE. GREAT CENTRAL LOCATION NEAR HOSPITAL AND WITHIN WALKING DISTANCE TO BEAUTIFUL DOWNTOWN ORILLIA AND COUCHICHING BEACH PARK. CLOSE TO HIGHWAY ACCESS, IDEAL FOR COMMUTERS. TWO EXISTING GREAT TENANTS WOULD APPRECIATE THE OPTION TO STAY ON WITH NEW OWNER. (id:21442)
Special Features
  • Amenities Near By: Hospital, Park, Shopping
  • Appliances Included: Dryer, Refrigerator, Stove, Washer
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Bedrooms Below Ground: 1
  • Constructed Date: 1953
  • Fireplace Present: False
  • Foundation Type: Block
  • Heating Fuel: Natural gas
  • Interior Size: 1446.0000
  • Number of Stories: 1
  • Utility Water: Municipal water
  • Equipment Type: Water Heater
  • Features: Park/reserve
  • Access Type: Road access
  • Has Acreage: false
  • Land Amenities: Hospital, Park, Shopping
  • Sewer: Municipal sewage system
  • Ownership Type: Freehold
  • Parking Space Total: 3
  • Rental Equipment: Water Heater
  • Zoning: R1
Property Type Residential
Building Style House
Listing Type For Sale
Floor Space: 1446 ft.2
Age 1953

Number of Bedrooms 4.0
Number of Bathrooms 2.0
Rooms:
Level Type Length x Width
Main level Living Room 4301 ft. 2 inch x 370 ft. 9 inch
Main level 4pc Bathroom 164 ft. 1 inch x 262 ft. 6 inch
Main level Bedroom 357 ft. 7 inch x 262 ft. 6 inch
Main level Bedroom 360 ft. 11 inch x 282 ft. 2 inch
Main level Primary Bedroom 367 ft. 5 inch x 354 ft. 4 inch
Main level Eat In Kitchen 334 ft. 8 inch x 593 ft. 10 inch
Basement 4pc Bathroom 246 ft. 1 inch x 203 ft. 5 inch
Basement Bedroom 433 ft. 1 inch x 275 ft. 7 inch
Basement Eat In Kitchen 262 ft. 6 inch x 324 ft. 10 inch
Basement Living Room 295 ft. 3 inch x 324 ft. 10 inch
Seller's Comments

The seller has not posted any comments at this time.

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Mortgage Information
Title: 5 YEARS VARIABLE
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $32,495 2.35% 25 Years 5 YEARS VARIABLE $2,804 $102,609
10.00%  -  $64,990 2.35% 25 Years 5 YEARS VARIABLE $2,637 $97,602
20.00%  -  $129,980 2.35% 30 Years 5 YEARS VARIABLE $2,014 $78,918
Title: 5 YEARS FIXED
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $32,495 2.69% 25 Years 5 YEARS FIXED $2,913 $105,879
10.00%  -  $64,990 2.69% 25 Years 5 YEARS FIXED $2,740 $100,677
20.00%  -  $129,980 2.79% 35 Years 5 YEARS FIXED $1,941 $76,712

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