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$399,000Asking Price

12 Lankin Boulevard #37, Orillia, ON L3V 6T2 ##37

Orillia, Orillia

Condo Townhouse
3
Bedrooms
1
Bath
2
Parking
Days on Market

ATTENTION 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!

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ATTENTION 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!

Key Info

  • 1.5-Storey Condo Townhouse
  • 2 Parking
  • Attached Garage
  • Victoria Crescent and Lankin Blvd
  • 1200-1399 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • West Exposure
  • Open Balcony
  • No Ensuite Laundry
  • No Locker
  • Forced Air Gas Heating
  • Central Air

Property

  • $215 Monthly Condo Fees
  • Includes: Common Elements, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Building Insurance
  • Taxes were $3,885 in 2025
  • Possession: Flexible

Details

  • Stone/Vinyl Siding Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #27
  • Condo Registry Office: SCC
  • MLS #S13043796
  • ONE PERCENT REALTY LTD.

Extras

Room Floor Dimensions Details
1 Foyer Main 7.97' x 7.58'
2 Kitchen Main 10.30' x 7.91'
Washroom1 3-Piece Bathroom

Who lives here?

Orillia, Orillia is a north GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Orillia  (0.9)

Singles

50% of residents are
single and loving it.

50% singles

Orillia (50%)

Renters

39% of residents
are renters.

39% renters

Orillia (39%)

Education

20% of residents are
university grads.

20% university grads

Orillia (20%)

Income

Average Household Income

$85K

is the average household
income in the neighbourhood.

Orillia  ($85K)

Professions

Professions

Sales 20%
Trades 8%
Business 7%
Government 7%
Health 5%

Immigrants

9% of residents were
born outside of Canada.

9% immigrants

Orillia (9%)

Birthplace - All

UK was once home to 2.4% of immigrants.
Philippines 0.9%
India 0.7%
China 0.7%
Germany 0.4%

2.4% from UK
All-time

Birthplace - Recent

China was once home to 0.1% of immigrants.
India 0.1%

0.1% from China
Recent

Foreign Languages

Foreign Languages

French 1%
German 1%
Italian 1%
Tagalog 1%

Religions

Religions

Christian 66%
Muslim 1%
Sikh 1%