Unknown for 55 Fittons Rd, Orillia Ontario L3V 2J2
16 days on Market

55 Fittons Rd, Orillia, Ontario L3V 2J2

Townhouse
-
2
~1820 sqft
$649,900
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Townhouse
-
2
~1820 sqft

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Highlights

Property Estimate

Days on market16 days

Estimated valueNot available

Price/Sqft$357/sqft

Monthly cost

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CMA Subject Property

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+12

Properties sold*

$668K

Median sold price*

*Based on last 30 days

Description

City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $40,800 - 49,200/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer!


Property Details

StyleResidential Income
View-
Age of property1973
SqFt~1820 SqFt
Lot Size7,012 Ac(200.36 x 35)
Parking Spaces4
MLS ®Number40756947
Community NameOrillia
Data SourceITSO
Listing byOne Percent Realty Ltd. Brokerage

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Separate Entrance, Full, Finished, Sump Pump

Features

Lot size: 7,012 Ac
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


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

39 days

Compared to

2024

38 days

2023

22 days

2022

25 days

New Listings

Past 30 days

28 listings

Compared to

2024

27 listings

2023

23 listings

2022

13 listings

Units sold

Past 30 days

6 units

Compared to

2024

12 units

2023

9 units

2022

3 units

Median Sold Price

Past 30 days

$642,500

Compared to

2024

$668,125

2023

$626,000

2022

$600,000


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