88 Pearl Drive, Orillia

$638,900
88 Pearl Drive

$638,900

New
5d
Detached2-Storey

88 Pearl Drive, Orillia

Total Monthly Obligation $3,301

HausQ Valuation Report
Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
5d
Score
23
Yield
6.0%
Cash on Cash
1.6%
Cap Rate
4.9%
5Y IRR
16.8%
10Y IRR
15.6%
Property Type-Detached
MLS® Number-S14091740
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-9 × 35 ft
Listed on site-Oct 18, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,188 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Other (Other)
Brokerage-Cody Smith Real Estate Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Welcome to this well-maintained, first-owner home in the desirable Westridge community! Offering approximately 1,730 sq. ft. of living space, this spacious home features 3 bedrooms, 3 bathrooms, a generous family room, living room, and a large recreation room as a bonus, providing plenty of space for comfortable family living and entertaining.The open-concept main floor seamlessly connects the kitchen, dining, and living areas, creating a bright and welcoming space. The kitchen features an updated backsplash and opens to the dining and living areas.Step outside to enjoy the large, recently built deck, perfect for outdoor dining and summer gatherings. The beautifully landscaped backyard also features a spacious garden and shed, offering both relaxation and practical storage.Conveniently located in Westridge, close to Lakehead University, Costco, Home Depot, Walmart, major shopping, restaurants, and other amenities. Enjoy easy access to nearby lakes, parks, and provincial parks, while being less than 5 minutes from Highway 11.A wonderful opportunity to own a spacious, well-cared-for home in a convenient and desirable location!

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$511,120
Land Transfer Taxes$9,253
Legal Fees (Est.)
$
Total cash required for closing$138,533

Total Monthly Obligation

$3,301/mo
Mortgage $2,577
Monthly Loss $2,623
Principal$678
Interest$1,899
Property Tax$349
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.8%3
5-Year IRR
12.7%55
10-Year IRR
12.7%
Returns Index
28.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$38,256/yr
NOI
$25,742/yr
Net Cash Flow
-$432/mo
Cash Margin
-13.5%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
27.3/ 100

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

Comparables

Properties near 88 Pearl 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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Data last updated within the past 24 hours.