42 Dancy Drive, Orillia

$619,900
42 Dancy Drive

$619,900

New
8d
DetachedBungalow-Raised

42 Dancy Drive, Orillia

Total Monthly Obligation $3,254

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
8d
Score
19
Yield
5.2%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-S14079936
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 199.25 ft
Listed on site-Oct 15, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$4,536 (2026)
Parking-5 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Orillia
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Pride of ownership shines throughout this beautifully maintained family home, offering a warm and welcoming atmosphere with plenty of space for comfortable everyday living 2) Ideally situated in North Orillia, the home is conveniently located close to schools, parks, shopping, restaurants, and an abundance of everyday amenities 3) Move in with added confidence knowing numerous important updates have already been completed, including newer windows, furnace, air conditioning, and more 4) Step outside to a generous lot featuring an expansive backyard with plenty of room for children and pets to play, complemented by an impressive oversized deck perfect for outdoor dining, summer barbecues, and entertaining 5) Commuters will appreciate the convenient access to Highway 11, providing easy connections throughout Orillia and to surrounding communities. 1,094 above grade sq.ft. plus a finished lower level.

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

Closing Costs

Mortgage Amount
$495,920
Land Transfer Taxes$8,873
Legal Fees (Est.)
$
Total cash required for closing$134,353

Total Monthly Obligation

$3,254/mo
Mortgage $2,501
Monthly Loss $2,596
Principal$658
Interest$1,843
Property Tax$378
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.7%33
10-Year IRR
10.3%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$32,100/yr
NOI
$19,854/yr
Net Cash Flow
-$846/mo
Cash Margin
-31.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.3/ 100

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

Comparables

Properties near 42 Dancy Drive

Time

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Data last updated within the past 24 hours.