7 Rice Lane Road, Orillia

$859,500
7 Rice Lane Road

$859,500

New
29d
Att/Row/TownhouseBungaloft

7 Rice Lane Road, Orillia

Total Monthly Obligation $4,277

Beds
3
Baths
3
Park
1
Sqft
1500-2000
DOM
29d
Yield
3.8%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Att/Row/Townhouse
MLS® Number-S13822686
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-36.16 × 84.22 ft
Listed on site-Sep 24, 2026
Style-Bungaloft
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$5,216 (2025)
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-Century 21 B.J. Roth Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Community
Facing-East
Exterior-Stucco (Plaster), Wood
Roof-Shingles
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Welcome to 7 Rice Lane, a gorgeous home offering exceptional flexibility, privacy and an incredible waterfront lifestyle in Orillia's most recent gated community, Sophie's Landing phase 4. Completed in 2025, thoughtfully designed and beautifully maintained by its original owner, this home has a fresh, new-home feel with all appliances purchased new in 2025. Prefer main-floor living? A primary bedroom with ensuite and convenient laundry mean everything you need can be on one level. Upstairs, a second primary bedroom with ensuite offers another option, plus a separate open flex space overlooking the open concept kitchen & dining area, offers tons of natural light, ideal for an office, reading lounge or studio. The finished lower level adds even more space for guests, hobbies and entertaining. Outside, this home's position truly sets it apart. A private corner lot with generous lawn space, tall privacy fencing and no neighbours directly behind creates a wonderfully secluded yard. Enjoy morning sun on the east-facing front porch and afternoon and evening light in the west-facing backyard. And then there's the lifestyle; walk just steps to the water with access to two community dock and water-entry areas plus a dedicated kayak/canoe rack. Lake Simcoe connects to the Trent-Severn Waterway, opening up an incredible network of waterways to explore. Enjoy the security of a gated community, plus clubhouse and newly opened outdoor pool. Nearby Tudhope Park offers trails, green space and waterfront recreation, while shops, restaurants and all that Orillia has to offer are just minutes away. Nearly new and remarkably versatile, 7 Rice Lane offers main-floor living when you want it, extra space when you need it, exceptional privacy and a waterfront lifestyle that makes everyday life feel a little more like a lakefront getaway.

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Closing Costs

Mortgage Amount
$687,600
Land Transfer Taxes$13,665
Legal Fees (Est.)
$
Total cash required for closing$187,065

Total Monthly Obligation

$4,277/mo
Mortgage $3,467
Monthly Loss $3,364
Principal$912
Interest$2,555
Property Tax$435
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 7 Rice Lane Road

Time

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