5 - 1 Olive Crescent
Orillia, ON
- 2 bed
- 2 bath
- approx. 1000-1199 sqft
- Condo Townhouse
LAKEFRONT LIVING! Don't miss this rare opportunity to own a meticulously maintained end-unit waterfront townhouse condo on Lake Simcoe at a very affordable price. Ideal for professionals, couples, or those downsizing, this turnkey property offers a stylish and convenient lifestyle in a private, 9-unit community, just steps from downtown Orillia. Enjoy a bright, open-concept main floor with a granite kitchen, stainless steel appliances, and a cozy gas fireplace. Relax on your fenced deck with electric awning and stunning lake views. Recent upgrades include new P/T decking and railings, a new furnace (Oct/25), updated windows/doors (2019), and a 6-year-old A/C. With spacious bedrooms, a finished lower level, and an attached garage with mezzanine storage & Electric screen, this home has it all. Plus, enjoy access to a shared dock, Kitchener Park's amenities, and easy access to marinas, shopping, and Casino Rama. Waterfront living at this price won't last!
Listing Details
- Taxes (2026)
- $5,600
- Listed
- August 10, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 31-50
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Garburator, Water Heater
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 3
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- West St. S and Olive Cres.
- Parcel Number
- 591010005
- Possession
- 90+ days
- Occupancy
- Owner
Condo
- Maintenance Fee
- $700/month
- Fee Includes
- Water Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
Included
- Inclusions
- Stove, fridge, dishwasher, Washer, dryer, wall unit in dining room, lighting, ceiling fans, Awning in main deck area, Blinds & Curtains, Garage door opener.
- Exclusions
- None.
- Rental Items
- Hot Water Tank
Waterfront
- Water Body
- Lake Simcoe
- Shoreline
- Clean, Mixed
- Docking
- Private
Schools
Elementary
- Regent Park Public School1.1 km
Public · Simcoe County DSB · 465 students
Grade 3 reading: 41% met the provincial standard · Grade 6 math: 44% met the provincial standard
- St Bernard's Separate School1.5 km
Catholic · Simcoe Muskoka CDSB · 240 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 9% met the provincial standard
- Harriett Todd Public School2.5 km
Public · Simcoe County DSB · 470 students
Grade 3 reading: 31% met the provincial standard · Grade 6 math: 50% met the provincial standard
Secondary
- Twin Lakes Secondary School2.4 km
Public · Simcoe County DSB · 835 students
Grade 10 literacy: 85% met the provincial standard
- Orillia Secondary School3.5 km
Public · Simcoe County DSB · 1275 students
Grade 10 literacy: 83% met the provincial standard
- Patrick Fogarty Catholic Secondary School4.7 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 Condo & Other in Orillia · last 12 months
- Median sold price
- $587,500
- Homes sold
- 547
- Median days on market
- 27
- Sale-to-list price
- 96.4%
Based on 547 recorded sales of residential condo & other properties in Orillia over the last 12 months.
Rooms
4-piece on Second, 3-piece on Basement
Second
- Bathroom8'8" x 7'10"
- Bedroom12'11" x 11'8"
- Primary Bedroom13'1" x 12'
Main
- Dining Room12'6" x 10'5"
- Kitchen8'8" x 10'2"
- Living Room15'8" x 11'9"
Basement
- Family Room15'1" x 26'2"
- Laundry8'10" x 4'9"
Listed by
Sotheby's International Realty Canada
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$129,980
Estimated Monthly Payment
$3,193
Land transfer tax
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: $3,193/mo (20% down, 5.5%)
Taxes: $467/mo · Insurance: $162/mo
Maint: $700/mo
Estimates only. Consult a financial advisor.
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