21 Matchedash Street S #309 Active Save Request In-Person Tour Request Virtual Tour
Orillia,ON L3V 4W4
Key Details
Property Type Condo
Sub Type Condo/Apt Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,015 sqft
Price per Sqft $581
MLS Listing ID 40641471
Style 1 Storey/Apt
Bedrooms 1
Full Baths 2
HOA Fees $454/mo
HOA Y/N Yes
Abv Grd Liv Area 1,015
Originating Board The Lakelands
Year Built 2021
Annual Tax Amount $4,484
Property Description
Your Investment Opportunity Awaits!
This unit is a perfect choice for new investors, offering a low-risk opportunity to enter the real estate market with immediate positive cash flow and long-term capital gain potential. As the saying goes: "Don’t wait to buy real estate—buy real estate and wait!"
Key Details:
18-Month Lease: Secure lease in place starting January 1, 2025, ensuring steady rental income from day one.
Spacious Layout: 1-bedroom + den condo with 1,013 sq. ft. of thoughtfully designed living space.
Prime Location: Nestled in the heart of historic downtown Orillia, just steps from Lake Couchiching, parks, boutique shops, and popular dining spots.
Modern Upgrades: Features include an upgraded kitchen with premium trim, cabinets, and countertops, a cozy den for added versatility, and convenient in-suite laundry.
Peaceful Retreat: This 3rd-floor unit offers a quiet alley view, providing serenity while remaining close to vibrant lakeside activities and downtown amenities.
This property is not only ideal for investors but also for homeowners planning a transition. With the 18-month lease in place, you can secure this desirable condo now, sell your current home at your convenience, and enjoy peace of mind knowing your investment is already working for you.
Who This Condo Suits Best:
Investors: Looking for a turnkey rental property with strong long-term potential.
Homeowners-to-be: Purchase now while prices are favorable, and take your time selling your current home before moving in.
Retirees: Enjoy a quiet, modern retreat close to the GTA while experiencing Orillia's growing and vibrant community.
Don't miss this opportunity to own in the sought-after Matchedash Lofts!
PLEASE NOTE: Buyer must assume the existing leasehold tenant until June 30, 2026.
Location
Province ON
County Simcoe County
Area Orillia
Zoning C1-1
Direction Exit Highway 11 at Coldwater Road. Travel east on Coldwater Road to Matchedash Street, turn right. Building is on the right hand side.
Rooms
Other Rooms Storage
Basement Other
Kitchen 1
Interior
Interior Features Air Exchanger,Auto Garage Door Remote(s),Elevator,Separate Hydro Meters
Heating Electric Forced Air,Heat Pump
Cooling Central Air,Energy Efficient,Wall Unit(s)
Fireplace No
Laundry In-Suite,Inside,Laundry Room,Main Level
Exterior
Exterior Feature Balcony,Controlled Entry,Lighting,Year Round Living
Parking Features Concrete,Exclusive,Heated,In/Out Parking,Inside Entry,Assigned
Garage Spaces 1.0
Utilities Available Cell Service,Electricity Connected,Fibre Optics,Garbage/Sanitary Collection,Street Lights
Waterfront Description Access to Water
View Y/N true
View Downtown
Roof Type Membrane
Street Surface Paved
Handicap Access Accessible Elevator Installed,Accessible Hallway(s),Hard/Low Nap Floors,Accessible Kitchen,Accessible Entrance,Level within Dwelling,Lever Door Handles,Lever Faucets
Porch Open
Garage No
Building
Lot Description Urban,Rectangular,Ample Parking,Business Centre,Corner Lot,City Lot,Hospital,Library,Open Spaces,Park,Place of Worship,Public Parking,Public Transit,Quiet Area,Regional Mall,School Bus Route,Schools,Shopping Nearby,Skiing,Trails
Faces Exit Highway 11 at Coldwater Road. Travel east on Coldwater Road to Matchedash Street, turn right. Building is on the right hand side.
Foundation Concrete Perimeter,Post & Pad,Poured Concrete,Steel Frame
Sewer Sewer (Municipal)
Water Municipal-Metered
Architectural Style 1 Storey/Apt
Structure Type Brick,Brick Veneer,Concrete,Steel Siding
New Construction Yes
Schools
Elementary Schools Lion'S Oval/Monsignor Lee
High Schools Orillia Secondary School/Patrick Fogarty
Others
HOA Fee Include Insurance,Building Maintenance,Common Elements,Decks,Parking,Trash,Property Management Fees,Roof,Snow Removal,Windows
Senior Community false
Tax ID 594790069
Ownership Condominium