8 GEORGE Street N, Orillia

$589,900
8 GEORGE Street N

$589,900

New
29d
Detached1 1/2 Storey

8 GEORGE Street N, Orillia

Total Monthly Obligation $3,090

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
29d
Score
17
Yield
4.1%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-S13823708
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-92 × 132 ft
Listed on site-Sep 24, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$4,021 (2025)
Parking-3 - Detached
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS BARRIE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground
Facing-North
Exterior-Aluminum Siding, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-tbd
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Set on an impressive double-wide lot in a family-friendly neighbourhood, this well-maintained 3-bedroom, 2-bathroom home combines comfortable everyday living with outdoor enjoyment and exciting future possibilities. Offering approximately 1,380 finished square feet, the home features a bright, functional layout with laminate flooring throughout and large windows that fill the space with natural light. The kitchen offers stainless steel appliances, ample cabinetry, and opens to the main living areas. The dining area is centred around a gas fireplace, creating a warm place to gather, while the family room provides direct access to the backyard and pool area. The large deck overlooks the in-ground swimming pool, creating the perfect setting for summer entertaining, family gatherings, or relaxing weekends at home. Significant recent updates include a new pool liner in 2025 and a new pump and filter in 2023. The main floor also offers the convenience of laundry located within the full bathroom. Upstairs you'll find three bedrooms, including a primary bedroom with its own private 2-piece ensuite. The detached oversized single garage is heated by gas and includes loft storage above, providing excellent space for vehicles, hobbies, or a workshop. The oversized double lot is another standout feature and may present future opportunities for a new owner. Buyers are encouraged to complete their own due diligence regarding the possibility of severance, redevelopment, or other future uses. Neither the Seller nor Listing Brokerage make any representation or warranty regarding development potential. Located directly across from a school and just steps to a park, this home is ideally positioned for family living. Some images have been virtually staged and/or digitally enhanced.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,090/mo
Mortgage $2,379
Monthly Loss $2,463
Principal$626
Interest$1,753
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.3%15
10-Year IRR
7.8%
Returns Index
9.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$24,396/yr
NOI
$13,435/yr
Net Cash Flow
-$1,260/mo
Cash Margin
-62.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
25.0/ 100

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

Comparables

Properties near 8 GEORGE Street N

Time

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Data last updated within the past 24 hours.