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25 Lankin Boulevard
homes for sale · Orillia
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$725,000

25 Lankin Boulevard

Orillia · MLS® S13802712

436

House · Single Family · 36 days on market

listed by BRIAN GUERRIERO, Re/Max Professionals North

realtor's description

Here is an opportunity that is all about location, potential and a lifestyle that is difficult to duplicate. Situated on 60 feet of frontage on the Lankin Canal, this unique Orillia property offers direct boating access to Lake Simcoe right from your own backyard. Keep your boat at the private dock and head out onto the lake whenever the mood strikes, all while enjoying the convenience of an in-town location with Lankinwood Park directly across the street. The approximately 2,300 sq.ft. all-brick, two-storey home offers plenty of space and plenty of potential, along with a double car garage and a flexible layout that could be reimagined to suit the next owner's needs. The upper level is filled with natural light and features a kitchen, dining area, living room, 3 bedrooms and a 4-piece bath. The original primary bedroom and 3-piece ensuite have been separated from the main living space and are currently being used as a studio apartment with its own exterior entrance. Reconnecting this space would restore the upper level to a 4-bedroom layout including a primary bedroom with ensuite, while the existing configuration may offer other possibilities subject to the necessary approvals. The lower level provides additional in-law or extended family potential with a bedroom, 3-piece bath, kitchen and living area with brick fireplace and gas insert, but requires some finishing. There is work to be done here, including flooring, decks and general updating, but the fundamentals are difficult to duplicate: a substantial brick home, double garage, private dock and direct boat access to Lake Simcoe. An opportunity for the buyer who can see beyond what is here today and imagine what this canal-front property could become.

similar homes nearby

property details

type
House, Single Family
bedrooms
4
bathrooms
3
parking
6
property tax
$5,928 / yr
days on market
36
MLS®
S13802712

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer

monthly cost

$3,653/mo
Mortgage $3,159 · Tax $494

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,159/ monthly
loan $580,000
25-year amortization
total interest
$367,627
cash to close
$145,000
down payment; transfer tax and fees not included
total paid
$947,627

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
BRIAN GUERRIERO
Re/Max Professionals North
call BRIAN · 705-641-9441
Powered by: REALTOR.ca

location

OrilliaGoogle Maps ↗

location

OrilliaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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