
Unit #37, 12 Lankin Boulevard
Orillia, ON L3V 6T2
Lankin Shores44 suites, built 1978- 3Bedrooms
- 1Bathroom
- 2Parking
- 1200–1399Sq Ft
- $3,885Tax
- $216/moCondo Fee
- Estimated Value:$400,000See Free Estimate Report

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About Unit #37, 12 Lankin Boulevard, Orillia
Summarized Description
- Lowest condo fees in the city.
- Exceptional investment potential for buyers.
- 3-bedroom townhome near waterfront.
- Open-concept living space with large windows.
- Unfinished basement offers expansion opportunities.
- Private parking and attached garage included.
- Minutes from downtown amenities and parks.
- Positive cash flow potential for investors.
LOWEST CONDO FEES IN THE CITY! EXCELLENT INVESTMENT POTENTIAL - Welcome to #37-12 Lankin Blvd, Orillia. While average home prices in Orillia soar above $509,000, this affordable 3-bedroom townhome offers exceptional value for first-time buyers, investors or downsizers alike. Perfectly positioned between Lake Simcoe & Lake Couchiching, this attractive townhome is part of a well-maintained, well-managed condo community, offering an outstanding combination of lifestyle, location & affordability. THE WATERFRONT ADVANTAGE: 2-minute walk to the Lake Simcoe shoreline, where residents enjoy kayaking, paddleboarding, waterfront trails & beautiful lake views. A dog & kid-friendly park abuts the development, while downtown Orillia, shopping, restaurants, schools & Rec centre are all just minutes away. Over 1,200 sq ft of bright, functional living space, this townhome features attached garage, private parking & ample visitor parking. Bright main level showcases large windows & walkout to a back deck, while the open-concept living & dining areas create an inviting space for both everyday living & entertaining. 3 spacious bedrooms provide flexibility for families, guests or a home office. The unfinished basement offers potential for additional living space, storage, a home gym or workshop. Forced-air gas heating & central air provide year-round comfort. FOR INVESTORS: Opportunities like this are increasingly difficult to find. Based on say a $415,000 purchase price with 20% down, estimated carrying costs are approximately $2,223/month versus potential rental income of $2,400/month, generating positive cash flow plus approximately $450/month in mortgage principal paydown during the first year. Don't let another investor buy your future! Whether you're looking to build equity, expand your investment portfolio or simply enjoy a lifestyle close to the lake - Unit 37 checks all the boxes! Watch the video, then book your showing today & claim your own slice of Orillia heaven!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,885
- Land Transfer Tax Fee
- $4,595
Condo/Maintenance Fee
- Maintenance Fee
- $216 /month
Included In Maintenance Fee
- Common Elements Included
Rental Items
- Rental Equipment
- Water tank is rented from Vista. Present tank is10.5yrs old, new tank is available through Vista if requested as part of rental arrangement. Present tank working perfectly
- Basement Type
- Full, Unfinished
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In Basement
- Laundry Level
- Lower Level
- Interior Extras
- Rough-In Bath, Floor Drain
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
- Exterior Extras
- Year Round Living
Building
- Building Type
- Condo Townhouse
- Building Style
- Multi-Level
- Approx Age
- 31-50
- Condo Corp Number
- 27
Construction
- Exposure
- West
- Exterior Finish
- Stone, Vinyl Siding
- Roof
- Asphalt Shingle
- Special Designation
- Unknown
Inclusions
- Inclusions
- All appliances in kitchen (fridge, stove, dishwasher), all Electric light fixtures.
Exclusions
- Exclusions
- Washer/dryer (none presently in unit), staging items & curtains in upstairs bedrooms
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 2
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 3
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Primary Bedroom—Second level
- Bedroom 2—Third level
- Living Room—Main level
- Bedroom 3—Third level
- Kitchen—Main level
- Foyer—Main level
- Other—Basement level
- Bathroom—Second level, 3 Pc Bath
- Dining Room—Main level
Washrooms
- 3-piece, Second
- Municipality
- Orillia
- Neighbourhood
- Orillia
- Main cross streets
- Victoria Crescent and Lankin Blvd
- Zoning
- RM1
- Directions
- Victoria Crescent and Lankin Blvd : Hwy 12S, turn south onto Gill St, left onto Victoria Cres, left onto Lankin Blvd
- MLS® number
- S13541876
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-18
- Listed on
- 2026-07-08
- Days on market
- 10 days
- Possession date
- 2026-08-01
- Possession type
- Immediate
- Co-op commission
- 3.0% + HST
- Seller
- Listed by
- ONE PERCENT REALTY LTD.
Home Market Value
Current home valuation for Unit #37, 12 Lankin Boulevard, Orillia, Orillia, ON. Listed for $405,990
HOMEH Estimate
$400,000
Estimated Sales Range
$316,000 - $484,000
HOMEH Estimate for Unit #37, 12 Lankin Boulevard, Orillia
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$20,300
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,428 | $11,327 | $9,663 | $0 |
=Total mortgage | $401,118 | $376,718 | $354,754 | $324,792 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,958monthly | $1,839monthly | $1,732monthly | $1,586monthly |
Land Transfer Tax
$4,595
$4,595
Around this home
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