$ 579.000

671 Driftwood Road, Orillia

  • Bedrooms: 3
  • Bathrooms: 2
  • Living area: 1270 square feet
  • Type: Residential
  • Added: 2 days ago
  • Updated: 2 days ago
  • Last Checked: 1 days ago
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bathideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillias real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future! (id:1945)
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Property Details

  • Cooling: Window air conditioner
  • Heating: Baseboard heaters, Electric
  • Stories: 2
  • Structure Type: House
  • Exterior Features: Vinyl siding
  • Foundation Details: Poured Concrete, Slab

Interior Features

  • Appliances: Water Heater
  • Bedrooms Total: 3
  • Bathrooms Partial: 1

Exterior & Lot Features

  • Water Source: Municipal water
  • Parking Total: 5
  • Lot Size Dimensions: 50 x 68.5 FT

Location & Community

  • Directions: HWY 12 West to Orchard Point to DriftWood
  • Common Interest: Freehold

Utilities & Systems

  • Sewer: Sanitary sewer

Tax & Legal Information

  • Tax Year: 2023
  • Tax Annual Amount: 439600
  • Zoning Description: R2i
Room Dimensions
Type Level Dimensions
Primary Bedroom Second level 3.78 x 3.94
Bedroom Second level 3.96 x 2.9
Bathroom Second level 2.18 x 1.83
Bedroom Second level 4.47 x 2.79
Bathroom Main level 1.75 x 1.68
Kitchen Main level 3.05 x 2.44
Living room Main level 4.75 x 2.54
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Nearby Places

Name
Type
Address
Distance
Wild Wing
Restaurant
660 Atherley Rd
0.2 km
The Portage Italian Bistrpo
Restaurant
440 Couchiching Point Rd
0.5 km
Mara Provincial Park
Park
181 Courtland St
2.0 km
Knights Inn Orillia
Lodging
450 West Street S
3.1 km
Aji Sushi
Restaurant
2 Front St N
3.5 km
Sixteen Front, Casual Fine Dining & Lounge
Restaurant
16 Front St N
3.5 km
Metro (Metro)
Grocery or supermarket
70 Front St N
3.6 km
Brewery Bay Food Co
Bar
117 Mississaga St E
3.6 km
Mariposa Market Store
Bakery
109 Mississaga St E
3.6 km
Tre Sorelle
Restaurant
133 Mississaga St E
3.7 km
Cosmo's Ristorante
Restaurant
90 Mississaga St E
3.7 km
Tim Hortons
Cafe
25 Colborne St E
3.7 km

Demographic Information

Neighbourhood Education
Bachelor's degree 25
Certificate of Qualification 10
College 135
University degree at bachelor level or above 30
Neighbourhood Marital Status Stat
Married 345
Widowed 55
Divorced 35
Separated 20
Never married 125
Living common law 65
Married or living common law 405
Not married and not living common law 235
Neighbourhood Construction Date
1961 to 1980 130
1981 to 1990 35
1991 to 2000 15
2001 to 2005 30
2006 to 2010 55
1960 or before 30
More Details?
  • ANASTASIA LANGIANO
  • ROYAL LEPAGE QUEST
  • 705-327-9999

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