43 E Olive Crescent E 103, Orillia

$549,900
43 E Olive Crescent E 103

$549,900

Extension
20d
Condo Apartment1 Storey/Apt

43 E Olive Crescent E 103, Orillia

Total Monthly Obligation $3,350

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
20d
Score
17
Yield
5.1%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-S13858058
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 3, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$4,218 (2025)
Maintenance-$580/mo
Locker-None
Parking-2 - Detached
Basement-Full, Separate Entrance, Unfinished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room
Pool-None
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-90 days
Neighbourhood-Orillia
Title-Residential Condo & Other

No agent assigned

Experience Lakeside Luxury At Paradise Cove On Lake Simcoe!!Welcome to Paradise Cove, a quiet and highly sought -after lakeside community. This stunning 2 bedrooms, 2 full bathroom condo apt., offers the perfect blend of maintenance-free living and breathtaking natural beauty. The heart of the home is an impressive open-concept living area featuring a cozy gas fireplace and a bright white kitchen equipped with elegant granite countertops and all included appliances. Slip through the living room & walkout to a huge covered deck overlooking Lake Simcoe - the ultimate set-up for summer barbecues and watching the local wildlife. Retreat to the exceptionally large primary bedroom, which boasts it's own private walk-out to the deck with a full ensuite bathroom. Premium features includes: Direct Lake Views: Panoramic vistas of Lake Simcoe from your living spaces and massive covered deck. -Exclusive Community Dock: Ideal for water lovers and boaters - Unmatched Storage: A rare find for condo-living- a massive unfinished basement with loads of storage space. - Parking & Convenience: Includes a single detached garage with garage door opener, central vac, and a newer furnace for absolute peace of mind. Prime Location: Situated in a very quiet complex, yet conveniently located right on a bus route. Don't miss your chance to live where everyday feels like a vacation. Schedule your private viewing today!!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,350/mo
Mortgage $2,218
Monthly Loss $2,766
Principal$584
Interest$1,634
Property Tax$352
Condo Fees$580
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.8%13
10-Year IRR
7.5%
Returns Index
8.0/ 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
$27,864/yr
NOI
$11,500/yr
Net Cash Flow
-$1,260/mo
Cash Margin
-54.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.2/ 100

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

Comparables

Properties near 43 E Olive Crescent E 103

Time

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