Sold for:Sold Jul 18, 2026
$405,990

Unit #37, 12 Lankin Boulevard

Orillia, ON L3V 6T2

Condo Townhouse SoldNot available
Lankin Shores exteriorLankin Shores44 suites, built 1978
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit #37, 12 Lankin Boulevard, Orillia

2026-07-08
2026-07-18
Sold
Price
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MLS#
s13541876
2026-04-24
2026-07-08
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

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.

$400,000Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Orillia, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

$20,300

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$15,428$11,327$9,663$0
=Total mortgage
$401,118$376,718$354,754$324,792
Amortization
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=Mortgage payment
$1,958monthly$1,839monthly$1,732monthly$1,586monthly
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Land Transfer Tax

Provincial

$4,595

Total Land Transfer Tax

$4,595

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