Listed for:Listed 20 days ago
$519,500

40 Michelle Drive

Orillia, ON L3V 0B3

Freehold Townhouse For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 40 Michelle Drive, Orillia

No listing history available

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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 40 Michelle Drive, Orillia

Summarized Description

  • Updated freehold townhouse with no condo fees.
  • Renovated kitchen and modern bathrooms.
  • Open-concept main floor with luxury vinyl flooring.
  • Three generous bedrooms with semi-ensuite.
  • Unfinished basement for future expansion.
  • Attached garage and fully fenced backyard.
  • Conveniently located near schools and parks.
  • High efficiency gas furnace and new shingles.

Client RemarksThe RIGHT MOVE starts here! If you've been waiting for an affordable 3-bedroom home that doesn't come with monthly condo fees, this updated freehold townhouse deserves your attention. Built in 2009, it offers an excellent opportunity for first-time buyers, young families, investors, or anyone looking for easy, low-maintenance living. Step inside to a bright, open-concept main floor featuring a beautifully renovated kitchen (2023) with separate island, new stainless steel appliances, a convenient main floor powder room, luxury vinyl plank flooring throughout the main and second levels (2023), updated LED lighting, and renovated bathrooms that give the home a fresh, modern feel. Upstairs you'll find three generous bedrooms (huge primary with semi-ensuite), while the full unfinished basement with a bathroom rough-in offers plenty of opportunity to expand your living space as your needs change. High efficiency n gas furnace, new shingles (2021), central air conditioning (2021), owned hot water tank. Enjoy the convenience of an attached garage with inside entry and a fully fenced backyard that's large enough to relax, entertain or let the kids and pets play, but without spending your entire weekend mowing the lawn. Ideally located close to schools, shopping, parks, the recreation centre, Lakehead University, and with easy access to Highway 11, this home offers affordable home ownership without compromise. No condo fees. Just an updated home that's ready for its next chapter.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,462
Land Transfer Tax Fee
$6,865

Basement Type
Full, Unfinished

Interior Features

Interior Extras
Sump Pump, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Freehold Townhouse
Building Style
2-Storey

Construction

Exterior Finish
Brick Front, Vinyl Siding
Roof
Shingles
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
5.80 m
Lot Depth
37.56 m

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
2
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Primary Bedroom—
    Second level
  • Bedroom 3—
    Second level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Bedroom 2—
    Second level

Washrooms

  • 2-piece, Main
  • 4-piece, Second

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
West - James - Bond
Zoning
R4
Directions
West to James to Michelle

MLS® number
S13833682
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-28
Updated on
2026-10-01
Days on market
20 days
Possession date
2026-10-16
Possession type
Immediate
Co-op commission
2.5
Seller
Listed by
RE/MAX RIGHT MOVE

Home Market Value

Current home valuation for 40 Michelle Drive, Orillia, Orillia, ON. Listed for $519,500

HOMEH Estimate

?

$538,733

Estimated Sales Range

?

$435,311 - $607,367

HOMEH Estimate for 40 Michelle Drive, Orillia

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$538,733High confidence
Based on 4 comparable properties
− $19,233 (4%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Orillia, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $19,500 over $500K

Minimum down payment

$26,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,699$14,494$12,364$0
=Total mortgage
$512,185$482,044$453,939$415,600
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,501monthly$2,354monthly$2,216monthly$2,029monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,865

Total Land Transfer Tax

$6,865

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