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2997 STONE RIDGE BOULEVARD, Orillia — listed at $749,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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 either an interior doorway OR knocking out the wall between Unit 1 and Unit 2, 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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 1.78 x 2.98 meters |
| Recreational, Games room | Lower level | 3.95 x 5.99 meters |
| Laundry room | Main level | 0.89 x 1.74 meters |
| Foyer | Lower level | 3.38 x 2.07 meters |
| Living room | Lower level | 6.47 x 3.37 meters |
| Kitchen | Lower level | 4.14 x 3.59 meters |
| Bedroom | Lower level | 5.26 x 3.14 meters |
| Bedroom 2 | Lower level | 5.26 x 2.67 meters |
| Bathroom | Lower level | 2.17 x 2.72 meters |
| Laundry room | Lower level | 2.17 x 1.95 meters |
| Living room | Main level | 4.29 x 4.69 meters |
| Utility room | Lower level | 2.17 x 3.06 meters |
| Dining room | Main level | 4.29 x 2.41 meters |
| Kitchen | Main level | 4.29 x 3.67 meters |
| Eating area | Main level | 3.64 x 2.6 meters |
| Primary Bedroom | Main level | 4.55 x 4.75 meters |
| Bathroom | Main level | 1.71 x 3.3 meters |
| Bedroom 2 | Main level | 3.3 x 2.99 meters |
| Bedroom 3 | Main level | 4.55 x 3.23 meters |
| Bathroom | Main level | 1.49 x 2.62 meters |
Could this work as an investment property?+
The basement description mentions: Finished, Full, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Orillia before counting on it.
Is 2997 STONE RIDGE BOULEVARD a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,168, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — central air conditioning, air exchanger cooling is in place.
What's the parking situation?+
This property includes 5 spaces — Attached Garage, Garage.
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