#37 - 12 Lankin Boulevard Orillia, Ontario L3V 6T2
3 Bedroom
1 Bathroom
1,200 - 1,399 sqft
Multi-Level
Central Air Conditioning
Forced Air
$399,000Maintenance, Parking, Common Area Maintenance
$215.99 Monthly
Maintenance, Parking, Common Area Maintenance
$215.99 MonthlyATTENTION ONTARIO INVESTORS: THE HOLY GRAIL OF CASH FLOW HAS ARRIVED! Stop scrolling. Stop settling for low returns. While average home prices in Orillia soar past $590,000, an absolute unicorn has landed on the MLS. This premium, high-yielding, multi-level 3-bedroom townhome sits comfortably in an explosive growth corridor and is priced aggressively to move. Welcome to Unit 37 at 12 Lankin Boulevard, Orillia. THE WATERFRONT ADVANTAGE: 2 Minutes to Paradise. They say "location, location, location," but in real estate, waterfront access is king. Unit 37 is strategically positioned just a 2-minute walk from the sparkling shores of Lake Simcoe. Tenants can carry a paddleboard or kayak straight from their front door to the water, enjoy miles of scenic waterfront trails, or spend afternoons at nearby beach parks. This isn't just a place to live; it's a lifestyle asset. The combination of affordability, location, and recreation makes this an attractive rental opportunity. THE NUMBERS: Positive Cash Flow Potential Finding an asset that pays for itself and leaves money in your pocket is increasingly difficult. Unit 37 breaks the mold. Investor Snapshot : Purchase Price: $415,000, 20% Down Payment: $83,000 Current Rental Income: $2,400/month Condo Fees: $216/month Property Taxes: Approx. $333/month Estimated Mortgage Payment (30-Year @ 4.5%): $1,674/month Estimated Monthly Cash Flow: $153.67/month * Plus approximately $449.62/month in mortgage principal reduction during Year 1, helping build equity with every payment. Whether you're expanding your portfolio or entering the investment market for the first time, opportunities like this are becoming increasingly difficult to find.* Investment calculations are estimates only. Buyers are advised to verify all rental income, expenses, financing costs, and investment assumptions independently. Don't let another investor buy your future. Book your private investor showing today and claim your slice of the Ontario waterfront! (id:15069)
Property Details
| MLS® Number | S13043796 |
| Property Type | Single Family |
| Community Name | Orillia |
| Amenities Near By | Beach, Park, Place Of Worship, Schools |
| Community Features | Pets Allowed With Restrictions, School Bus |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Balcony |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Age | 31 To 50 Years |
| Appliances | All, Dishwasher, Stove, Refrigerator |
| Architectural Style | Multi-level |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 - 1,399 Sqft |
| Type | Row / Townhouse |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Park, Place Of Worship, Schools |
| Zoning Description | Rm1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 4.14 m | 3.25 m | 4.14 m x 3.25 m |
| Second Level | Bathroom | 2.54 m | 2.31 m | 2.54 m x 2.31 m |
| Third Level | Bedroom 2 | 5.74 m | 2.87 m | 5.74 m x 2.87 m |
| Third Level | Bedroom 3 | 4.67 m | 2.71 m | 4.67 m x 2.71 m |
| Basement | Other | 5.74 m | 5.66 m | 5.74 m x 5.66 m |
| Main Level | Foyer | 2.43 m | 2.31 m | 2.43 m x 2.31 m |
| Main Level | Living Room | 4.69 m | 3.17 m | 4.69 m x 3.17 m |
| Main Level | Dining Room | 3.3 m | 2.51 m | 3.3 m x 2.51 m |
| Main Level | Kitchen | 3.14 m | 2.41 m | 3.14 m x 2.41 m |
https://www.realtor.ca/real-estate/29656436/37-12-lankin-boulevard-orillia-orillia
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June 12 2026 12:36:12
Toronto Regional Real Estate Board
One Percent Realty Ltd.