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321 Franklin Street

321 Franklin Street

Orillia, ON

  • 3 bed
  • 2 bath
  • approx. 1100-1500 sqft
  • Detached
  • 56 days on market
$539,000

This beautifully maintained bungalow is nestled on a picturesque, family-friendly street in one of Orillia's most desirable neighbourhoods. Offering 3 bedrooms, 2 bathrooms, and an abundance of recent updates, this move-in ready home combines charm, comfort, and exceptional functionality. Step inside to a bright and spacious living and dining area featuring a cozy gas fireplace, perfect for relaxing or entertaining. The stunning newly renovated kitchen has been thoughtfully designed to maximize both style and efficiency, complete with brand new appliances, extensive countertop space, and abundant cabinetry. The main floor also offers three comfortable bedrooms, a beautifully updated 4-piece bathroom, and a bright sunroom overlooking the spacious, level backyard, creating the perfect place to enjoy your morning coffee or unwind after a long day. The full basement provides additional living space with a partially finished recreation room, a convenient 2-piece bathroom, and an unfinished area ideal for a workshop, hobby space, or excellent storage. Adding even more potential is the expansive attic loft space, offering excellent opportunities for future development or additional storage. Outside, you'll find a detached 13'8" x 21' garage and a spacious, level backyard perfect for children, pets, gardening, or entertaining. Lovingly cared for throughout the years, this home has seen numerous recent upgrades including new flooring, a brand new furnace, a completely renovated kitchen with all new appliances, fresh paint throughout and new doors. Located on a quiet residential street just a short walk to Tudhope Park, Moose Beach, and the scenic 9.5 km Millennium Trail along the shores of beautiful Lake Couchiching leading to Orillia's vibrant downtown, this exceptional property is the perfect opportunity for first-time buyers, downsizers, or families looking to enjoy an established neighbourhood with parks, trails, beaches, and amenities just moments away.

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Listing Details

Taxes (2025)
$3,643
Listed
July 23, 2026

Price History

Property

Style
Bungalow
Construction
Stucco (Plaster), Stone
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Water Heater Owned
Lot Size
60 x 107 Feet

Parking

Garage
Detached
Covered Spaces
1
Total Parking
4

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Forest Ave S
Zoning
Res
Parcel Number
586850048
Possession
Flexible
Occupancy
Owner

Included

Inclusions
All appliances as seen in mls photos, window coverings.
Exclusions
Chandelier above the dining room table.

Schools

Elementary

  • St Bernard's Separate School0.4 km

    Catholic · Simcoe Muskoka CDSB · 240 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 9% met the provincial standard

  • Regent Park Public School0.8 km

    Public · Simcoe County DSB · 465 students

    Grade 3 reading: 41% met the provincial standard · Grade 6 math: 44% met the provincial standard

  • Lions Oval Public School2.6 km

    Public · Simcoe County DSB · 440 students

    Grade 3 reading: 63% met the provincial standard · Grade 6 math: 47% met the provincial standard

Secondary

  • Orillia Secondary School3.3 km

    Public · Simcoe County DSB · 1275 students

    Grade 10 literacy: 83% met the provincial standard

  • Twin Lakes Secondary School3.4 km

    Public · Simcoe County DSB · 835 students

    Grade 10 literacy: 85% met the provincial standard

  • Patrick Fogarty Catholic Secondary School3.9 km

    Catholic · Simcoe Muskoka CDSB · 720 students

    Grade 10 literacy: 83% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L3V

Population
48,651
Private dwellings
22,293
Median age
47.6
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Orillia · last 12 months

Median sold price
$590,000
Homes sold
544
Median days on market
27
Sale-to-list price
96.4%

Based on 544 recorded sales of residential freehold properties in Orillia over the last 12 months.

Rooms

4-piece on Main, 2-piece on Basement

Main

  • Bedroom 29'8" x 9'5"
  • Bedroom 39'8" x 7'8"
  • Kitchen13' x 8'9"
  • Living Room22'8" x 13'3"
  • Primary Bedroom10'7" x 13'3"
  • Sunroom15'3" x 9'5"

Basement

  • Recreation31'7" x 11'4"
  • Utility Room31'7" x 11'4"

Listed by

Coldwell Banker The Real Estate Centre

Walk Score

71

Walk

77

Bike

Scores by Walk Score®

Mortgage Calculator

$107,800

Estimated Monthly Payment

$2,648

Land transfer tax

Estimated land transfer tax$7,255

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,648/mo (20% down, 5.5%)

Taxes: $304/mo · Insurance: $135/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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