Orillia · L3V 5W6
$499,000
$454 / sq ft1 months on market
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ESTATE SALE - A Rare Opportunity in the Heart of Historic Orillia! Offered for the first time in generations, this cherished family home was lovingly built by the original family in 1946 and has remained in the same family ever since. Now ready for its next chapter, this property is brimming with potential for renovators, investors, and buyers looking to build equity. Situated on a generous corner lot at Frederick Street and McKinnell Street, the property offers exciting potential for severance (buyer to complete their own due diligence). With two separate driveways-one on Frederick Street and one on McKinnell Street-there is ample parking and excellent access. Inside, you'll find a spacious layout featuring 3 bedrooms, 1 bathroom, a large kitchen and dining area, and original oak strip hardwood flooring throughout much of the main level, just waiting to be restored to its former beauty. A new roof was installed in 2024, providing an excellent head start on renovations. The full, unfinished basement offers endless possibilities for additional living space, a recreation room, workshop, or hobby area. Water and sewer connections are already in place, creating the potential to add a future basement bathroom. Whether you're a handy homeowner looking to transform a solid home into your dream property, or an investor seeking a rental opportunity while exploring the property's future development potential, this is a rare chance to unlock exceptional value. Located in the heart of Old Orillia, you'll enjoy being just minutes from the hospital, shopping, schools, parks, beaches, the recreation centre, and all the amenities that make this historic neighbourhood so desirable.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 11% of comparable detached listings in Orillia are asking less.
Based on 95 comparable active detached listings in Orillia. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of Century 21 B.J. Roth Realty Ltd.
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