16 days on Market

1 Olive Cres #5, Orillia, Ontario L3V 7N5

In the same building:
-
Condo
2
2
~1000-1199 sqft
$•••,•••
$799,999
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Condo
2
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$733/sqft

Est. Mortgage$3,436/mo

Maintenance fees$700/mo

Tax Amount (2024)$5,485/yr

Days On Market16 days


Description

Discover this beautifully maintained end-unit waterfront townhouse condo-an ideal home for professionals, couples, downsizers, or anyone craving an effortless lifestyle by the lake. Nestled on the shores of Lake Simcoe in a private 9-unit community, this turnkey home offers a rare blend of style, comfort, and convenience. Step into the bright, open-concept main floor, where the kitchen boasts granite countertops, stainless steel appliances, and a breakfast bar with bonus storage perfect for cooking and entertaining. The spacious living and dining area features a sleek gas fireplace and opens to a fully fenced deck with an electric awning, and peaceful lake views ideal for morning coffee or sunset unwinding. Composite decking is being installed on both the lower deck and upper balcony, along with a brand-new railing system on the upper level adding durability and a fresh, modern finish to your outdoor living spaces. Designed for everyday ease, the home includes surround sound wiring throughout, a 6-year-old A/C unit, and windows and doors replaced just 5 years ago. Both bedrooms upstairs. The primary suite is a true retreat, complete a private balcony with western lake views. The finished lower level adds a large rec room, a second bathroom with shower, and built-in storage and laundry. The attached garage features a mezzanine loft for extra storage and a remote-controlled retractable screen perfect for enjoying the breeze without the bugs. Located across from Kitchener Parks 25 acres of green space, tennis courts, a dog park, and walking trails. Minutes to marinas, shopping, downtown Orillia, and Casino Rama this is lakeside living without compromise.


Property Details

Style2-Storey
ViewBeach, Clear, Water
Age of property31-50
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberS12153938
Community NameOrillia
Data SourceTRREB
Listing bySotheby's International Realty Canada

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Full, Finished

Main Floor

Kitchen

2.65 x 3.1

Dining

3.81 x 3.18

Living

4.77 x 3.59


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 2

Total parking spaces 3


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 16, 2025
ListedActive
$799,999
16 days on market
history photo preview26
Listing by trreb®
Property listed by Sotheby's International Realty Canada, Brokerage

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Market Data - Orillia

Geo Zone Map ThumbnailOrillia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

75 days

Compared to

2024

43 days

2023

59 days

2022

17 days

New Listings

Past 30 days

22 listings

Compared to

2024

20 listings

2023

18 listings

2022

11 listings

Units sold

Past 30 days

6 units

Compared to

2024

6 units

2023

9 units

2022

2 units

Median Sold Price

Past 30 days

$585,000

Compared to

2024

$700,000

2023

$505,000

2022

$702,500


Population and Demographics

Overview

Total population 31981
Average household income $99,873

Age (%)

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

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