Stunning 1.5-Storey Waterfront Property With a Walkout Basement Located on Lake Simcoe in A Gated Orillia Community!! Available

  • $1,300,000
  • 6 beds
  • 4 baths
  • 1845 sqft

If you’re looking for the perfect waterfront property to invest in, look no further than this 1.5-storey beauty in the gated community of Sophie’s Landing in Orillia! Featuring a walk-out basement, private dock (installed and removed each year by maintenance), salt water pool, grounds keeping, trails, club house, kayak/canoe storage, marina (boat docking at an additional fee), new appliances (gas range, stainless steel fridge, etc.), a hot tub and a pool table; not to mention the spacious vaulted ceilings, loft style second floor living area, main floor master with ensuite bathroom and walk-in closet, 2 gas fireplaces, spacious patio and a quiet, open fielded area on the other side of the fence — this breathtaking 4+2 bed located directly on Lake Simcoe is the ultimate investment property. Profit from it as a rental, Airbnb, or wholetail! The current owners paid $1,550,000 in March 2021 for this stunning property and haven’t been able to move in due to a family emergency. At only $1,300,000 for the largest combination house + lot in Sophie’s Landing, their loss is your gain!!

We are selling our assignable purchase contract.

Closing is August 5th, 2021
**Please note: the Sellers may be willing to extend the closing date by a week or so. This is a verbal agreement with the Seller, and is not mentioned in the APS.**

**As per our APS, the Buyer agrees to assume common element maintenance fees, which are $225/month as of the date of this agreement. These fees include access to and maintenance of the communal pool, club house, common grounds, docks (including annual installation and removal) and the marina. Docking for the marina is not included in the common element maintenance fees.**

PROPERTY FEATURES
  • 4+2 bedrooms
    • Master bedroom features an ensuite bathroom with a jacuzzi tub and a double vanity, as well as 2 closets (1 closet is a walk-in closet)
  • 4 bathrooms
    • 4-piece master ensuite located on the main floor
    • 2-piece bathroom located on the main floor
    • 4-piece bathroom located on the second floor
    • 3-piece bathroom located in the basement
      • Large, dual shower located in the basement bathroom
      • Laundry is also located in this bathroom
  • Built in 2005
  • Above grade: 1845 sq ft (as per MPAC)
    • First floor: 1255 sq ft (as per MPAC)
    • Second floor: 590 sq ft (as per MPAC)
  • Basement: 1255 sq ft (as per MPAC)
    • Walk out basement, with floor to ceiling windows in living area
    • Basement ceiling heights (Buyer to verify all heights):
      • 8.891 ft in basement living room
      • 7.890 ft to duct/hallway
      • 7.536 ft in bathroom
      • 7.277 ft in cold cellar
    • Tiled area in the basement living room is plumbed for a bar/kitchen (as per Seller)
    • Large cold room/wine cellar
    • Additional small cold room in basement master
  • Separate entrances:
    • Front door opens to main entrance way/hallway
    • Door in main hallway opens into the garage
    • Door in living room opens out to the back patio area (staircase up to the back patio is located at the side of the house)
    • Door in basement living room walks out the the backyard
  • All appliances will be included, as well as the hot tub and pool table
    • All new appliances from 2020/2021 (as per Seller)
  • Granite countertops
  • Vaulted ceilings
  • 3 living areas
  • Both the main and basement living rooms feature a gas fireplace
  • Flooring is a mix of cherry hardwood, carpeting, and tile
  • 125 AMP breaker panel
  • HE gas furnace is owned, and was installed in 2017 (as per Seller)
  • HWT is rented and is most likely original from 2005 (Buyer to assume rental)
  • AC is most likely original from 2005 (Buyer to verify)
  • Central VAC
  • Roof is most likely original from 2005, and comes with lifetime warranty(as per Seller)
  • Windows are most likely original from 2005 (Buyer to verify)
  • On municipal services
  • Only 1 neighbouring property, with a fence dividing the other side of the property (as per Seller)
  • 1-car, attached garage with in-house access (204 sq ft, as per MPAC)
  • Parking for 2+ cars in driveway
  • Common elements fee: ~$225/month (as per Seller, Buyer to assume fee)
    • Fee paid via void cheque to the management company
    • Includes: gated community, salt water pool, maintenance of common grounds, access to the club house, walking trails, annual floating dock installation and removal, canoe/kayak storage area (Buyer to verify)
    • Docking available at the Marina for an additional cost (motorized vehicles permitted on Lake Simcoe, Buyer to verify)
  • Property taxes: $8235.90/year in 2020 (as per Seller)
  • Lot size: 67.14 ft x 111.51 (as per MPAC)
    • Largest combination house & lot size in Sophie’s Landing
  • Zoning: Not listed (as per MPAC)

PROPERTY NEEDS

  • Minor cosmetic updating

 

Please click HERE for more pictures and information.

Price:
$1,300,000
Address:
Atherley Rd & Chouchiching Point Rd
Orillia, ON
Square Feet:
1845
Lot Size:
67.14 ft x 111.51 ft
Bedrooms:
6
Bathrooms:
4
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
2005
Basement:
Finished

Call (647) 400-2093 for more details

Property Location