A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 21 Matchedash St #309, Orillia Ontario L3V 4W4
45 days on Market

21 Matchedash St #309, Orillia, Ontario L3V 4W4

In the same building:
-
Condo
1 + 1
2
~1000-1199 sqft
$569,000
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Condo
1 + 1
2
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$522/sqft

Est. Mortgage$2,444/mo

Maintenance fees$550/mo

Tax Amount (2024)$4,554/yr

Days On Market45 days


Description

This 1-bedroom plus den condo, is a great opportunity for investors looking to get into the real estate market with minimal risk. With a reliable tenancy already in place, you can enjoy income from day one. The condo is located in beautiful Orillia, just 90 minutes from the GTA and a short stroll from Lake Couchiching, the Lightfoot Trail and the charming shops and popular restaurants of Orillia's vibrant downtown. Inside, the condo features an upgraded kitchen with premium cabinetry, countertops and trim that add both beauty and functionality. The den provides versatile space, whether you need a quiet home office or extra storage or a spot for overnight guests. For added convenience, there's in-suite laundry, making daily life just a little bit easier. This third-floor unit features a spacious balcony for enjoying warm summer evenings or if you prefer a more panoramic view of the city and Lake Couchiching, simply head up to the roof-top patio to enjoy the scenery! This is not just an investment property; it's a place that promises comfort, convenience, and lifestyle. This condo is perfect for investors seeking a low-maintenance, turnkey rental property with strong potential but it's also a great opportunity for downsizers to buy now and not have to rush the sale of their current home. Please note: The buyer must assume the existing leasehold tenant until June 30, 2026.


Property Details

StyleApartment
ViewCity
Age of property0-5
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberS12041149
Community NameOrillia
Data SourceTRREB
Listing byRE/MAX RIGHT MOVE

Features

Heating: Heat Pump
Cooling: Central Air

Flat Floor

Kitchen

3.7 x 3.7

Living

4.78 x 5.21

Primary

3.11 x 3.6

Den

4.02 x 2.92


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


3Story
Amenities

Bbqs Allowed, Elevator, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX RIGHT MOVE, Brokerage

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Market Data - Orillia

Geo Zone Map ThumbnailOrillia

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

48 days

Compared to

2024

69 days

2023

36 days

2022

17 days

New Listings

Past 30 days

14 listings

Compared to

2024

14 listings

2023

12 listings

2022

10 listings

Units sold

Past 30 days

6 units

Compared to

2024

8 units

2023

7 units

2022

5 units

Median Sold Price

Past 30 days

$537,500

Compared to

2024

$542,500

2023

$485,000

2022

$821,000


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%

Schools and amenities

Estimated Budget