$699,999
Est. payment $3,099/moCalculate yours
3118 Emperor Drive, Orillia, ON L3V 0G4
Orillia, Orillia, ON L3V 0G4
- 5 Beds
- 3 Baths
- 2 Garage
- 2,500 Sq Ft
Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE MLS® S13865650
About this home
Top 5 Reasons You Will Love This Home: 1) Nestled in the highly desirable Westridge neighbourhood, this purpose-built rental property enjoys a prime location close to schools, shopping, and places of worship, making it a compelling option for families and stable, long-term tenancy 2) With dependable long-term tenants and established cash flow, this property offers steady rental income from day one, providing a strong foundation for investors 3) Built in 2016 and exceptionally maintained, this move-in-ready investment offers modern convenience, reduced maintenance requirements, and an excellent opportunity to enhance any real estate portfolio 4) Designed with tenant comfort in mind, every unit is equipped with its own utilities, in-suite laundry facilities, and a private single-car garage, enhancing both privacy and everyday convenience 5) Generously sized backyard providing plenty of room for recreation, play, and relaxation, making it particularly attractive to growing families. 2,803 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 6-15
- Size
- 2,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Unfinished, Crawl Space
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 49.2 x 114.79 Feet
- Parking
- Built-In garage · 4 total
- Zoning
- WRR1/WRR2
Financial
- Property Taxes
- $6,440 (2025)
Location
- Neighbourhood
- Orillia
- Cross Street
- Stone Ridge Blvd/Emperor Dr
- Direction Faces
- West
Listing
- MLS® Number
- S13865650
- Days on Market
- 12
- Listed On
- 2026-10-06
- Possession
- Flexible
- Listed By
- FARIS TEAM REAL ESTATE BROKERAGE
Rooms
Features
Interior
- None
Pool
- None
- Included
- Fridge (x2), Stove (x2), Dishwasher (x2), Washer (x2), Dryer (x2).
- Excluded
- Tenants Belongings.
- Rental items
- Hot Water Heater.
Mortgage calculator
Estimated mortgage payment
$3,099 per month
- Principal and interest
- $3,099
- Property tax
- $537
- Condo fees
- $0
- Estimated monthly cost
- $3,636
Your mortgage
- Mortgage amount
- $559,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $369,834
Cash to close
- Down payment
- $140,000
- Land transfer tax
- $10,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $150,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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