WELCOME TO 2997 STONE RIDGE BLVD - ONE PROPERTY, TWO LEGAL LIVING UNITS & ENDLESS POSSIBILITIES! Located in Orillia's popular West Ridge neighbourhood, this beautifully finished 2018 brick bungalow is a LEGAL, single Detached Dwelling with LEGAL Additional Dwelling Unit -offering 2 self-contained units with separate entrances, kitchens & laundry facilities. Ideal for buyers seeking mortgage assistance through rental income, multi-generational living or a turnkey investment! The bright, open-concept MAIN LEVEL offers approx. 1,800 sq. ft. (1486 AG, 322 unfinished BG) with 3 bedrooms, 2 full baths including primary ensuite, spacious living/dining areas, attractive kitchen with breakfast nook & backyard walkout, plus main-floor laundry. The 322 sq ft unfinished basement room is ideal for a family room, office or hobby space. The LEGAL LOWER APARTMENT offers 1,100 sq. ft. of tastefully finished living space with private entrance, full kitchen, generous living area, 2 bedrooms, full bath & laundry. Both units are MOVE-IN READY with nothing to do! HERE'S WHERE IT GETS INTERESTING! Prefer one larger family home? The 2 lower-level areas can be connected by adding either an interior doorway OR knocking out the wall between Unit 1 and Unit 2, creating an expansive lower level with its own kitchen, family room, 2 bedrooms & full bath. Enjoy the rental income today or adapt the layout as your family's needs change! Outside, the deep 39' x 187' lot backs onto peaceful greenspace with NO REAR NEIGHBOURS! Attached garage is to upper unit, driveway parking for 4, central air & forced-air gas heating. Minutes to Costco, Lakehead University, schools, shopping, parks, trails & Hwy 11. WHY CHOOSE BETWEEN A FAMILY HOME & AN INCOME PROPERTY WHEN YOU CAN HAVE BOTH? Beautifully maintained, tastefully finished & offering exceptional flexibility. One address, multiple possibilities!
| MLS # | S14100464 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 8 |
| Listing Provided By | ONE PERCENT REALTY LTD. | S14100464 179500 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| Garage | 1 |
| Basement | Y |
| Acreage | 0.17 |
| Property View | Forest, Trees, Woods |
| Interior Features | Primary Bedroom - Main Floor, In-Law Capability, Guest Accommodations, In-Law Suite, Air Exchanger |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Shingles |
|---|---|
| Foundation Details | Poured Concrete, Concrete Block, Concrete |
| View | Forest, Trees/Woods |
| Construction Materials | Brick |
| Garage Yes / No | Yes |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 6168 |
|---|---|
| Tax Legal Description | LOT 26, PLAN 51M1072 SUBJECT TO AN EASEMENT FOR ENTRY AS IN SC1534224 CITY OF ORILLIA |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Orillia |
| Postal Code | L3V 8J5 |
| Area | Orillia |
| Listing VS Median (in L3V 8J5) | |
Price: $749,900 low | high Med: $0 On site: 8 low | high Med: | |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Orillia |
| Postal Code | L3V 8J5 |
| Area | Orillia |
| Listing VS Median (in L3V 8J5) | |
Price: $749,900 low | high Med: $0 On site: 8 low | high Med: | |