$725,000

About this home

Here is an opportunity that is all about location, potential and a lifestyle that is difficult to duplicate. Situated on 60 feet of frontage on the Lankin Canal, this unique Orillia property offers direct boating access to Lake Simcoe right from your own backyard. Keep your boat at the private dock and head out onto the lake whenever the mood strikes, all while enjoying the convenience of an in-town location with Lankinwood Park directly across the street. The approximately 2,300 sq.ft. all-brick, two-storey home offers plenty of space and plenty of potential, along with a double car garage and a flexible layout that could be reimagined to suit the next owner's needs. The upper level is filled with natural light and features a kitchen, dining area, living room, 3 bedrooms and a 4-piece bath. The original primary bedroom and 3-piece ensuite have been separated from the main living space and are currently being used as a studio apartment with its own exterior entrance. Reconnecting this space would restore the upper level to a 4-bedroom layout including a primary bedroom with ensuite, while the existing configuration may offer other possibilities subject to the necessary approvals. The lower level provides additional in-law or extended family potential with a bedroom, 3-piece bath, kitchen and living area with brick fireplace and gas insert, but requires some finishing. There is work to be done here, including flooring, decks and general updating, but the fundamentals are difficult to duplicate: a substantial brick home, double garage, private dock and direct boat access to Lake Simcoe. An opportunity for the buyer who can see beyond what is here today and imagine what this canal-front property could become.

Property details