3118 Emperor Drive, Orillia

$699,999
3118 Emperor Drive

$699,999

New
17d
Detached2-Storey

3118 Emperor Drive, Orillia

Total Monthly Obligation $3,735

Beds
5
Baths
3
Park
2
Sqft
2500-3000
DOM
17d
Yield
4.1%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-S13865650
Beds-5
Bathrooms-3
Size-2500-3000 sqft
Lot Size-49.2 × 114.79 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,440 (2025)
Parking-4 - Built-In
Basement-Unfinished, Crawl Space
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Nestled in the highly desirable Westridge neighbourhood, this purpose-built rental property enjoys a prime location close to schools, shopping, and places of worship, making it a compelling option for families and stable, long-term tenancy 2) With dependable long-term tenants and established cash flow, this property offers steady rental income from day one, providing a strong foundation for investors 3) Built in 2016 and exceptionally maintained, this move-in-ready investment offers modern convenience, reduced maintenance requirements, and an excellent opportunity to enhance any real estate portfolio 4) Designed with tenant comfort in mind, every unit is equipped with its own utilities, in-suite laundry facilities, and a private single-car garage, enhancing both privacy and everyday convenience 5) Generously sized backyard providing plenty of room for recreation, play, and relaxation, making it particularly attractive to growing families. 2,803 fin.sq.ft. *Please note some images have been virtually staged to show the potential of the home.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,735/mo
Mortgage $2,824
Monthly Loss $2,992
Principal$743
Interest$2,081
Property Tax$537
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 3118 Emperor Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.