$519,500
Est. payment $2,300/moCalculate yours
40 Michelle Drive, Orillia, ON L3V 0B3
Orillia, Orillia, ON L3V 0B3
- 3 Beds
- 2 Baths
- 1 Garage
- 1,100 Sq Ft
Listing courtesy of RE/MAX RIGHT MOVE MLS® S13833682
About this home
Client RemarksThe RIGHT MOVE starts here! If you’ve been waiting for an affordable 3-bedroom home that doesn’t come with monthly condo fees, this updated freehold townhouse deserves your attention. Built in 2009, it offers an excellent opportunity for first-time buyers, young families, investors, or anyone looking for easy, low-maintenance living. Step inside to a bright, open-concept main floor featuring a beautifully renovated kitchen (2023) with separate island, new stainless steel appliances, a convenient main floor powder room, luxury vinyl plank flooring throughout the main and second levels (2023), updated LED lighting, and renovated bathrooms that give the home a fresh, modern feel. Upstairs you’ll find three generous bedrooms (huge primary with semi-ensuite), while the full unfinished basement with a bathroom rough-in offers plenty of opportunity to expand your living space as your needs change. High efficiency n gas furnace, new shingles (2021), central air conditioning (2021), owned hot water tank. Enjoy the convenience of an attached garage with inside entry and a fully fenced backyard that’s large enough to relax, entertain or let the kids and pets play, but without spending your entire weekend mowing the lawn. Ideally located close to schools, shopping, parks, the recreation centre, Lakehead University, and with easy access to Highway 11, this home offers affordable home ownership without compromise. No condo fees. Just an updated home that’s ready for its next chapter.
Property details
Overview
- Property Type
- Att/Row/Townhouse
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Full, Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 5.8 x 37.56 Metres
- Parking
- Attached garage · 3 total
- Zoning
- R4
Financial
- Property Taxes
- $3,462 (2026)
Location
- Neighbourhood
- Orillia
- Cross Street
- West - James - Bond
- Direction Faces
- East
Listing
- MLS® Number
- S13833682
- Days on Market
- 20
- Listed On
- 2026-09-28
- Listed By
- RE/MAX RIGHT MOVE
Rooms
Features
Interior
- Sump Pump
- Water Heater Owned
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,300 per month
- Principal and interest
- $2,300
- Property tax
- $288
- Condo fees
- $0
- Estimated monthly cost
- $2,589
Your mortgage
- Mortgage amount
- $415,600
- Mortgage insurance
- Not needed
- Interest over 25 years
- $274,470
Cash to close
- Down payment
- $103,900
- Land transfer tax
- $6,865
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $110,765
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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