17 days on Market

19 Korlea Cres, Orillia, Ontario L3V 7K3

Townhouse
3 + 2
2
~700-1100 sqft
$699,000
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Townhouse
3 + 2
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$817/sqft

Est. Mortgage$3,002/mo

Tax Amount (2024)$3,652/yr

Days On Market17 days


Description

LEGAL DUPLEX WITH MODERN UPDATES & ENDLESS LIVING POSSIBILITIES IN PRIME ORILLIA LOCATION! Why choose between living and investing when you can do both? This legal duplex in Orillia's South Ward offers two updated, self-contained units with private entrances, ideal for multi-generational living or occupying one unit while renting the other. The well-maintained interior presents 1,850 square feet of finished space with modern finishes and neutral paint tones throughout. The main floor features a kitchen with newer appliances, a bright living room, three bedrooms and a full bathroom. The finished walk-up lower level features a combined kitchen and living area, two bedrooms, a full bathroom, and is currently vacant and move-in ready. Both units have in-suite laundry with updated washers and dryers. Enjoy a partially fenced backyard with mature trees, a large grassy space, and a multi-level deck. With parking for four vehicles and a location near beaches, trails, parks, schools, shopping, dining and Highway 11, this property offers a versatile opportunity with income potential in a prime Orillia location.


Property Details

StyleBungalow-Raised
ViewCity
Age of property31-50
SqFt~700-1100 SqFt
Lot Size6,563 SqFt(131.27 x 50)
Parking Spaces4
MLS ®NumberS12151981
Community NameOrillia
Data SourceTRREB
Listing byRE/MAX HALLMARK PEGGY HILL GROUP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Main Floor

Foyer

2.21 x 2.77

Kitchen

3.48 x 2.72

Living

8.28 x 3.71

Primary

3.48 x 3.63


Features

Lot size: 6,563 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by RE/MAX HALLMARK PEGGY HILL GROUP REALTY, Brokerage

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Market Data - Orillia

Geo Zone Map ThumbnailOrillia

Strong 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

32 days

Compared to

2024

38 days

2023

14 days

2022

16 days

New Listings

Past 30 days

33 listings

Compared to

2024

17 listings

2023

16 listings

2022

30 listings

Units sold

Past 30 days

7 units

Compared to

2024

13 units

2023

6 units

2022

12 units

Median Sold Price

Past 30 days

$595,000

Compared to

2024

$609,000

2023

$617,500

2022

$695,000


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