All photos · 40

Orillia

55 Elgin Street, Orillia, ON L3V 1S1

$399,900

Beds

4

Baths

2

Type

Freehold

About this home

Trying to get into the market without overpaying? This is where smart buyers start. 1) This is an opportunity to secure a home in one of Orillia's up-and-coming neighbourhoods before prices fully catch up. 2) Ideally located close to downtown Orillia and just minutes from Lake Couchiching, this area continues to see strong demand-making it a great option for first-time buyers or anyone looking to invest in long-term growth. 3) The home offers a practical 4-bedroom layout with 3 bedrooms upstairs and 1 on the main floor-perfect for families, guests, or a dedicated home office. Simple, functional, and flexible for everyday living. 4) Whether you're looking for a place to call your own or a property with solid rental potential, this home gives you options. Move in, rent it out, or update over time and build equity - this is where buyers get ahead. 5) Outside features a large shed. Plus, with a brand new furnace (2026) already taken care of, one of the major expenses is off your plate. If you've been looking for value, flexibility, and future upside-this is one worth seeing.

Interior

  • · On Demand Water Heater

Exterior

  • · Year Round Living

Heating

  • · Forced Air

Cooling

  • · None

Parking

  • · Other

Basement

  • · Unfinished
  • · Partial Basement
  • · Crawl Space

Room by room

Kitchen

Main15.04 x 11.07

Bedroom

Main11.07 x 8.11

Family Room

Main15.03 x 11.06

Living Room

Main14 x 10.08

Bedroom

Second10.08 x 6

Bedroom

Second11.02 x 8.06

Bedroom

Second11.04 x 8.03

What it could cost monthly

Estimated monthly

$1,831

Principal & interest, per month


Mortgage amount
$319,920
Down payment
$79,980
Total interest paid
$229,466

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

Royal LePage Quest

Each office independently owned and operated.