72 days on Market

1 Olive Cres #4, Orillia, Ontario L3V 7N5

Townhouse
2
3 + 1
~1566.08 sqft
$•••,•••
$749,990
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Townhouse
2
3 + 1
~1566.08 sqft

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Highlights

Property Estimate

Days on market72 days

Estimated valueNot available

Price/Sqft$478/sqft

Monthly cost

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+5

Properties sold*

$625K

Median sold price*

*Based on last 30 days

Description

Welcome to this rarely offered, beautifully upgraded end-unit waterfront townhouse condo-a perfect retreat for professionals, young couples, downsizers, or those seeking a peaceful getaway. With views of Lake Simcoe, over $100,000 in thoughtful renovations, and a low-maintenance lifestyle, this move-in-ready home is as serene as it is sophisticated.Step inside to a spacious foyer with custom closet organizers, setting the tone for the clean and well-designed layout throughout. The chef-inspired kitchen was fully remodeled in 2017 and features granite countertops, sleek ceramic flooring, stainless steel appliances, and a functional breakfast bar with bonus storageideal for both everyday meals and entertaining.The open-concept living and dining space is equally impressive, with newer vinyl flooring, a cozy wood-burning fireplace, and sliding doors that lead to your private deck. Out back, enjoy peaceful mornings or stunning sunset views under your electric awning, surrounded by raised flower beds and a secure gated enclosure for added privacy.Upstairs, both bedrooms have been enhanced with new laminate flooring, and the renovated main bathroom brings spa-like tranquility to daily routines. The primary suite offers an electric fireplace, in-suite laundry, a fully renovated ensuite bath, and a private balcony with western lake views-imagine waking up to the water every morning.The fully finished lower level provides even more space to unwind, with a large rec room finished with hardwood floors, a third full 3-piece bathroom, and extensive built-in cabinetry for smart storage solutions. The attached garage includes a generous mezzanine loft, perfect for seasonal or hobby storage.Set in an exclusive 9-unit waterfront complex, this home is directly across from Kitchener Park25 acres of green space, tennis courts, a dog park, and scenic walking trails. You'll also love being close to marinas, shopping, downtown Orillia, and Casino Rama.


Property Details

StyleTwo Story
ViewLake, Water
Age of property1989
SqFt~1566.08 SqFt
Lot Size-
Parking Spaces1
MLS ®Number40717238
Community NameOrillia
Data SourceITSO
Listing byRE/MAX Hallmark Chay Realty Brokerage

Features

Heating: Fireplace(s), Fireplace-Wood, Forced Air
Cooling: Central Air
Basement: Full, Finished

Basement Floor

Utility Room

2.36 x 0.91

Recreation Room

4.47 x 5.66

Bathroom

3-Piece


Features

Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Market Data - Orillia

Geo Zone Map ThumbnailOrillia

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

38 days

2023

22 days

2022

18 days

New Listings

Past 30 days

26 listings

Compared to

2024

12 listings

2023

16 listings

2022

25 listings

Units sold

Past 30 days

9 units

Compared to

2024

5 units

2023

5 units

2022

13 units

Median Sold Price

Past 30 days

$570,000

Compared to

2024

$624,900

2023

$620,000

2022

$647,000


Population and Demographics

Overview

Total population 31981
Average household income $99,873

Age (%)

0 to 19
19%
20 to 34
19%
35 to 49
16%
50 to 64
21%
65 and plus
26%

Household composition (%)

Single family
58%
Single person
36%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget