3046 Stone Ridge Boulevard, Orillia

$825,000
3046 Stone Ridge Boulevard

$825,000

Price Change
25d
Detached2-Storey

3046 Stone Ridge Boulevard, Orillia

Total Monthly Obligation $4,221

Beds
3
Baths
4
Park
4
Sqft
2000-2500
DOM
25d
Score
18
Yield
4.7%
Cash on Cash
-4.3%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-S13837252
Beds-3
Bathrooms-4
Size-2000-2500 sqft
Lot Size-39.37 × 111.71 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,218.67 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-PARKER COULTER REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Above Ground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Welcome to this beautifully maintained home in Orillia's West Ridge community. This property offers over 2,500 sq. ft. of finished living space, 9-foot ceilings, three bedrooms, 3.5 bathrooms, two-car garage, 4 driveway spaces, and a versatile finished basement with a second kitchen, ideal for a growing family, guests, or in-law suite. The main level offers an open-concept layout, with hardwood flooring throughout the living area and continuing up the staircase. The kitchen features stainless steel appliances, a gas stove, centre island, and workspace. Upstairs, the primary suite offers a walk-in closet and private ensuite. Two additional bedrooms, a full bathroom, and the convenience of an upper-level laundry room with top of the line washer and dryer, a second washing machine for small loads under washer. The finished basement adds living space with a bonus room and kitchen that has a stove top and fridge already installed. Step outside to a beautifully landscaped backyard. A large deck, added in 2026, provides plenty of room for outdoor dining and entertaining, while the heated above-ground pool (2026), creates the perfect retreat for warm summer days. A dedicated BBQ gas line (2026) makes outdoor hosting even easier. Recent improvements provide added comfort and peace of mind, including a new furnace and basement flooring (2024), insulated garage doors and walls (2025), and a backwater valve installed (2025). This home is close to parks, schools, restaurants, coffee shops, and everyday amenities, with Costco and Orillia's waterfront just a short drive away. Enjoy easy access to Lake Simcoe and Lake Couchiching, while nearby parks and trails provide plenty of opportunities to enjoy the outdoors. Offering generous living space, thoughtful updates, a beautifully landscaped backyard, and a convenient family-friendly location, this home is ready to welcome its next owners.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$660,000
Land Transfer Taxes$12,975
Legal Fees (Est.)
$
Total cash required for closing$179,475

Total Monthly Obligation

$4,221/mo
Mortgage $3,328
Monthly Loss $3,345
Principal$876
Interest$2,452
Property Tax$518
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$39,000/yr
NOI
$24,381/yr
Net Cash Flow
-$1,296/mo
Cash Margin
-39.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.5/ 100

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

Comparables

Properties near 3046 Stone Ridge Boulevard

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