671 Driftwood Road
Orillia, Ontario L3V1E1
5 beds · 3 baths · 1250 sqft
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillia’s real estate market and secure your future cash flow and growth. Contact today to get a copy of the financial breakdown or book a showing. (id:39198)
Facts & Features
Building Type House, Detached
Year built 1940
Square Footage 1250 sqft
Stories 2
Bedrooms 5
Bathrooms 3
Parking 5
NeighbourhoodSouth Ward
Land size under 1/2 acre
Heating type Baseboard heaters, Forced air
Basement type
Parking Type
Time on REALTOR.ca2 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Royal LePage Quest Brokerage, Orillia
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Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$5,267 / month
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Start with 5% down and save toward 5% in 3 years.
$4,642 / month
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Initial deposit 5%
Savings target Fixed at 5%
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