2997 Stone Ridge Boulevard, Orillia
$749,900
2997 Stone Ridge Boulevard, Orillia
Total Monthly Obligation $3,914
No agent assigned
WELCOME TO 2997 STONE RIDGE BLVD - ONE PROPERTY, TWO LEGAL LIVING UNITS & ENDLESS POSSIBILITIES! Located in Orillia's popular West Ridge neighbourhood, this beautifully finished 2018 brick bungalow is a LEGAL, CITY-PERMITTED DUPLEX offering 2 self-contained units with separate entrances, kitchens & laundry facilities. Ideal for buyers seeking mortgage assistance through rental income, multi-generational living or a turnkey investment! The bright, open-concept MAIN LEVEL offers approx. 1,800 sq. ft. (1486 AG, 322 unfinished BG) with 3 bedrooms, 2 full baths including primary ensuite, spacious living/dining areas, attractive kitchen with breakfast nook & backyard walkout, plus main-floor laundry. The 322 sq ft unfinished basement room is ideal for a family room, office or hobby space. The LEGAL LOWER APARTMENT offers 1,100 sq. ft. of tastefully finished living space with private entrance, full kitchen, generous living area, 2 bedrooms, full bath & laundry. Both units are MOVE-IN READY with nothing to do! HERE'S WHERE IT GETS INTERESTING! Prefer one larger family home? The 2 lower-level areas can be connected by adding an interior doorway, creating an expansive lower level with its own kitchen, family room, 2 bedrooms & full bath. Enjoy the rental income today or adapt the layout as your family's needs change! Outside, the deep 39' x 187' lot backs onto peaceful greenspace with NO REAR NEIGHBOURS! Attached garage is to upper unit, driveway parking for 4, central air & forced-air gas heating. Minutes to Costco, Lakehead University, schools, shopping, parks, trails & Hwy 11. WHY CHOOSE BETWEEN A FAMILY HOME & AN INCOME PROPERTY WHEN YOU CAN HAVE BOTH? Beautifully maintained, tastefully finished & offering exceptional flexibility. One address, multiple possibilities!
Closing Costs
Total Monthly Obligation
Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%
*This analysis is independently generated NOT provided by TREB or CREA.
Comparables
Properties near 2997 Stone Ridge Boulevard
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