3114 Emperor Drive, Orillia

$699,999
3114 Emperor Drive

$699,999

New
17d
Detached2-Storey

3114 Emperor Drive, Orillia

Total Monthly Obligation $3,726

Beds
5
Baths
3
Park
4
Sqft
2500-3000
DOM
17d
Yield
4.1%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-S13865626
Beds-5
Bathrooms-3
Size-2500-3000 sqft
Lot Size-49.21 × 114.8 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,334 (2025)
Parking-6 - Built-In
Basement-Unfinished, Crawl Space
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Outstanding investment opportunity in the highly desirable Westridge community, offering a purpose-built rental property in a prime location close to schools, shopping, places of worship, parks, and everyday amenities, making it highly attractive to quality long-term tenants 2) Benefit from immediate cash flow with established long-term tenants already in place, providing dependable rental income and a stable investment opportunity from day one 3) Constructed in 2016 and meticulously maintained throughout, this turn-key property showcases lasting quality and pride of ownership, making it an excellent addition to both growing and established real estate portfolios 4) Thoughtfully designed to maximize tenant comfort and independence, with each unit featuring separate utilities, private in-suite laundry facilities, and an individual single-car garage, enhancing convenience and long-term rental appeal 5) Generous backyard space adds valuable outdoor living potential, offering plenty of room for recreation, relaxation, and family enjoyment, further strengthening the property's desirability and long-term investment value. 2,896 above grade sq.ft.

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Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,726/mo
Mortgage $2,824
Monthly Loss $2,983
Principal$743
Interest$2,081
Property Tax$528
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 3114 Emperor Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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