9 Westmount Drive S Unit 302, Orillia

$483,900
9 Westmount Drive S Unit 302

$483,900

New
2d
Condo ApartmentApartment

9 Westmount Drive S Unit 302, Orillia

Total Monthly Obligation $3,107

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
2d
Score
19
Yield
6.4%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-S14103362
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,783.28 (2026)
Maintenance-$640/mo
Locker-None
Parking-1 - Detached
Basement-Apartment
Heating-Forced Air (Electric)
Brokerage-RE/MAX RIGHT MOVE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible
Neighbourhood-Orillia
Title-Residential Condo & Other

No agent assigned

Enjoy the ease and comfort of condo living at 9 Westmount Drive in Orillia. Set back from the street and surrounded by trees and beautifully landscaped gardens, this well-maintained three-storey building offers a quiet setting close to shopping, dining and the hospital. Located on the third floor, this two-bedroom, two-bathroom corner unit enjoys plenty of natural light, with two spacious balconies providing room for outdoor dining or relaxing in the fresh air. Your ample sized kitchen includes stainless steel appliances and convenient counter seating. The Living/Dining room offers plenty of space to entertain family and friends. An in-suite washer and dryer add everyday convenience, while a detached single-car garage and lots of visitor parking are welcome extras. A great opportunity to simplify your lifestyle while still enjoying private outdoor space and a garage of your own. Condo living might just be the Right Move!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$387,120
Land Transfer Taxes$6,153
Legal Fees (Est.)
$
Total cash required for closing$104,433

Total Monthly Obligation

$3,107/mo
Mortgage $1,952
Monthly Loss $2,594
Principal$514
Interest$1,438
Property Tax$315
Condo Fees$640
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.1/ 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
$31,104/yr
NOI
$14,130/yr
Net Cash Flow
-$774/mo
Cash Margin
-29.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.7/ 100

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

Comparables

Properties near 9 Westmount Drive S Unit 302

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.

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Data last updated within the past 24 hours.