#37 - 12 LANKIN BOULEVARD, ORILLIA

2026-04-26
 

Quick Summary

Location
#37 - 12 LANKIN BOULEVARD, ORILLIA, Ontario L3V6T2
Price
$399,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1200 - 1399 sqft
Bedrooms:
3
Bathrooms:
1
Garages:
2
Video Link:

MLS®#S13043796

Property Description

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! (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Beach, Park, Place of Worship, Schools

Building

  • 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
  • Fireplace: No
  • Interior Size: 1200 - 1399 sqft
  • Building Type: Row / Townhouse

Features

  • Feature: Balcony

Maintenance Fee

  • Maintenance Fee: 215.99

Ownership

  • Type: Condominium/Strata

Zoning

  • Description: RM1

Information entered by ONE PERCENT REALTY LTD.
Listing information last updated on: 2026-06-12 00:36:12

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Q
What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


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Sue Nori REALTOR®

Phone:
705-333-9109
Email:
SueNoriRealEstate@gmail.com
Support Area:
Barrie, Orillia, Kawartha Lakes, Muskoka, Gravenhurst, Bracebridge, Angus, Minden, Haliburton, Midland, Penetanguishene, Tay township

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