354 Atherley Road 213, Orillia

$529,000
354 Atherley Road 213

$529,000

New
8d
Condo ApartmentApartment

354 Atherley Road 213, Orillia

Total Monthly Obligation $3,537

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
8d
Score
16
Yield
5.1%
Cash on Cash
-11.3%
Cap Rate
2.1%
5Y IRR
6.7%
10Y IRR
7.7%
Property Type-Condo Apartment
MLS® Number-S14082884
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$4,260.16 (2026)
Maintenance-$848.25/mo
Locker-Ensuite+Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-TBD
Neighbourhood-Orillia
Title-Residential Condo & Other

No agent assigned

Enjoy maintenance-free living where every day feels like a getaway! Welcome to Panoramic Point, a sought-after waterfront community backing onto beautiful Lake Couchiching and adjacent to the scenic Tudhope Trail. This beautifully maintained 979 sq. ft., 2-bedroom + den, 2-bathroom condo offers bright, open-concept living designed for comfort and convenience. The spacious kitchen is the heart of the home, featuring granite countertops, a breakfast bar and plenty of workspace, while hard surface flooring throughout means there's no carpet to maintain. The versatile den is ideal for a home office, reading nook or hobby room. The generous primary suite features a walk-in closet and private ensuite with an easy-access walk-in shower, while a second bedroom, full bathroom and in-suite laundry complete this thoughtfully designed home. An oversized private storage locker, conveniently located beside your underground parking space, offers exceptional storage and easy access to your belongings, while the building's indoor car wash/detailing station, located just steps from your parking space, adds everyday convenience. This secure-entry building offers exceptional amenities, including an indoor pool, hot tub, sauna, fitness centre, beautifully appointed guest suites, a party room, and everything you need to enjoy a true resort-style lifestyle. Step outside to enjoy Lake Couchiching, the Tudhope Trail, parks, walking and cycling paths, with convenient on-site canoe, kayak and bicycle storage making it easy to embrace the outdoors. Located just minutes from downtown Orillia, shopping, restaurants and marinas, this move-in-ready condo offers the perfect blend of comfort, convenience and carefree living in one of Orillia's most desirable waterfront communities.

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

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,537/mo
Mortgage $2,134
Monthly Loss $2,976
Principal$562
Interest$1,572
Property Tax$355
Condo Fees$848
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-15.8%0
5-Year IRR
3.6%7
10-Year IRR
6.0%
Returns Index
4.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$27,216/yr
NOI
$7,655/yr
Net Cash Flow
-$1,496/mo
Cash Margin
-66.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
21.7/ 100

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

Comparables

Properties near 354 Atherley Road 213

Time

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Data last updated within the past 24 hours.