$749,900
For sale: Detached

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, single Detached Dwelling with LEGAL Additional Dwelling Unit -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!
Sold data
Detached homes in Orillia took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 66, across 110 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $599,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 110 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
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