124 Davey Drive
Orillia, ON L3V 4G8
- 2Bedrooms
- 2Bathrooms
- 1Garage
- 1100–1500Sq Ft
- $5,974Tax
- 56×175 ftLot Size
Estimated Value:$474,493See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 124 Davey Drive, Orillia
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-07-09 | 2026-08-04 | Login to See Prices | Terminated | s13542540 |
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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 124 Davey Drive, Orillia
Summarized Description
- Rare waterfront investment opportunity on Lake Couchiching.
- Property fully gutted, ready for redevelopment.
- Permits for semi-detached dwelling and additional units.
- Located on a double lot with severance potential.
- Direct access to Trent-Severn Waterway for boating.
- Breathtaking sunrises and scenic views.
- Close to Downtown Orillia's amenities and parks.
RARE Lake Couchiching WATERFRONT INVESTMENT and development opportunity in Orillia! Located on the tranquil shores of Pumpkin Bay, this exceptional waterfront property features approximately 50 ft of water ownership, breathtaking eastern sunrises, direct access to the Trent-Severn Waterway for endless boating. The existing home has been FULLY GUTTED and is ready for redevelopment. According to the City of Orillia's zoning department, the property permits a semi-detached dwelling, a second storey, and up to five additional residential units, creating exceptional investment and development potential. Situated on a rare double lot, the property also offers future severance potential (buyer to complete their own due diligence). Just a 7-minute walk to Downtown Orillia, you'll enjoy boutique shops, restaurants, cafés, waterfront parks, nearby walking and cycling trails. Whether you're looking to build a luxury lakeside residence, develop an income-producing property, or create your own four-season waterfront paradise, this is a rare opportunity to make your vision a reality.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,974
- Land Transfer Tax Fee
- $8,455
- Basement Type
- None
Interior Features
- Interior Extras
- Other
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 56.25 ft
- Lot Depth
- 174.55 ft
Inclusions
- Inclusions
- HWT ( Owned) " The Property is Sold As Is"
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Dining Room—Main level
- Bedroom—Main level
- Den—Main level
- Kitchen—Main level
- Living Room—Main level
- Primary Bedroom—Main level
Washrooms
- 4-piece, Main
- 4-piece, Main
- Municipality
- Orillia
- Neighbourhood
- Orillia
- Main cross streets
- Front to Elgin to Cedar Island to Davey
- Zoning
- R4-7/4-7 residential units permitted official plan
- Directions
- Front to Elgin to Cedar Island to Davey
- Waterfront
- Direct
- MLS® number
- S13542540
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-04
- Listed on
- 2026-07-09
- Days on market
- 26 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- THE AGENCY
Home Market Value
Current home valuation for 124 Davey Drive, Orillia, Orillia, ON. Listed for $598,999
HOMEH Estimate
$474,493
Estimated Sales Range
$284,696 - $664,290
HOMEH Estimate for 124 Davey Drive, 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% on first $500K + 10% on $98,999 over $500K
$34,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $22,546 | $16,712 | $14,256 | $0 |
=Total mortgage | $586,204 | $555,811 | $523,405 | $479,199 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,862monthly | $2,714monthly | $2,556monthly | $2,340monthly |
Land Transfer Tax
$8,455
$8,455
Around this home
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