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$569,000Asking Price

#309 - 21 Matchedash Street, Orillia, ON L3V 4W4 #9

Orillia, Orillia

Other
1 + 1
Bedrooms
2
Baths
1
Parking
Days on Market

This 1-bedroom plus den condo, is a great opportunity for investors looking to get into the real estate market with minimal risk. With a reliable tenancy already in place, you can enjoy income from day one. The condo is located in beautiful Orillia, just 90 minutes from the GTA and a short stroll from Lake Couchiching, the Lightfoot Trail and the charming shops and popular restaurants of Orillia's vibrant downtown. Inside, the condo features an upgraded kitchen with premium cabinetry, countertops and trim that add both beauty and functionality. The den provides versatile space, whether you need a quiet home office or extra storage or a spot for overnight guests. For added convenience, there's in-suite laundry, making daily life just a little bit easier. This third-floor unit features a spacious balcony for enjoying warm summer evenings or if you prefer a more panoramic view of the city and Lake Couchiching, simply head up to the roof-top patio to enjoy the scenery! This is not just an investment property; it's a place that promises comfort, convenience, and lifestyle. This condo is perfect for investors seeking a low-maintenance, turnkey rental property with strong potential but it's also a great opportunity for downsizers to buy now and not have to rush the sale of their current home. Please note: The buyer must assume the existing leasehold tenant until June 30, 2026.

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This 1-bedroom plus den condo, is a great opportunity for investors looking to get into the real estate market with minimal risk. With a reliable tenancy already in place, you can enjoy income from day one. The condo is located in beautiful Orillia, just 90 minutes from the GTA and a short stroll from Lake Couchiching, the Lightfoot Trail and the charming shops and popular restaurants of Orillia's vibrant downtown. Inside, the condo features an upgraded kitchen with premium cabinetry, countertops and trim that add both beauty and functionality. The den provides versatile space, whether you need a quiet home office or extra storage or a spot for overnight guests. For added convenience, there's in-suite laundry, making daily life just a little bit easier. This third-floor unit features a spacious balcony for enjoying warm summer evenings or if you prefer a more panoramic view of the city and Lake Couchiching, simply head up to the roof-top patio to enjoy the scenery! This is not just an investment property; it's a place that promises comfort, convenience, and lifestyle. This condo is perfect for investors seeking a low-maintenance, turnkey rental property with strong potential but it's also a great opportunity for downsizers to buy now and not have to rush the sale of their current home. Please note: The buyer must assume the existing leasehold tenant until June 30, 2026.

Key Info

  • Apartment Other
  • 1 Parking
  • Mississaga St at Matchedash or Colborne at Matchedash
  • 1000-1199 Approximate Sq Feet
  • 0-5 Years Approximate Age
  • West Exposure
  • Open Balcony
  • Ensuite Laundry
  • Owned Locker #135
  • HeatPump Electric Heating
  • Central Air

Property

  • $550 Monthly Condo Fees
  • Includes: Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C
  • Amenities: Roof Deck, Visitor Parking
  • Taxes were $4,554 in 2024
  • Possession: Buyer Must Assume Existing Tenant

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  • Physically Handicap Equipped
  •  
  • MLS #S12041149
  • RE/MAX RIGHT MOVE

Extras

Room Floor Dimensions Details
1 Kitchen Flat 12.14' x 12.14'
2 Den Flat 13.19' x 9.58'
3 Bathroom Flat 9.78' x 5.09' 4-PieceBath
4 Bathroom Flat 7.09' x 5.09' 4-PieceEnsuite
Washroom1 4-Piece Bathroom in Flat
Washroom1 3-Piece Bathroom in Flat

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%