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233 WEST STREET N, Orillia — listed at $499,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
One Property, Endless Possibilities! Discover an exceptional opportunity in Orillia with this detached raised bungalow offering two self-contained residential units. Ideal for investors, first-time buyers, or multi-generational families, this versatile property offers the flexibility to live in one unit while generating rental income from the other. The vacant, freshly painted main level welcomes you with a spacious open-concept living, dining, and kitchen area, complemented by large windows that fill the space with natural light. The lower level is currently tenanted, providing an existing source of rental income. Each level features its own laundry facilities, offering added convenience and independence for both households. Situated on a generous 74 x 110 ft lot, the property also features an attached garage and an impressive driveway with parking for up to seven additional vehicles outdoors - a rare convenience for larger households, guests, or multiple occupants. Whether you're looking to offset your mortgage, accommodate extended family, or expand your investment portfolio, this property offers flexibility to suit your needs. Conveniently located close to schools, shopping, parks, and Orillia's beautiful waterfront, this is an opportunity to make homeownership and investment work together. Explore the possibilities at 233 West Street North! Some photos have been virtually staged for illustration purposes. Furniture and decor are not included in the sale. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Family room | Main level | 3.8 x 7 meters |
| Kitchen | Main level | 2 x 7 meters |
| Dining room | Main level | 2 x 7 meters |
| Primary Bedroom | Main level | 3.5 x 3.5 meters |
| Bedroom 2 | Main level | 3.5 x 3 meters |
| Bedroom 3 | Main level | 3.5 x 3.5 meters |
| Kitchen | Lower level | 2.5 x 3.1 meters |
| Family room | Lower level | 4 x 5.5 meters |
| Bedroom | Lower level | 2.6 x 3.1 meters |
| Bedroom 2 | Lower level | 3.55 x 3.1 meters |
What's the parking situation?+
This property includes 8 spaces — Attached Garage, Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,741.44, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is this a good starter home?+
At $499,000, this is priced in starter-home territory for Orillia. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is 233 WEST STREET N a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
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