59 Lankin Blvd

Orillia, Orillia, L3V 6T1
FOR SALE
$1,099,000
59 Lankin Blvd, Orillia
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
59 Lankin Blvd
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2 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 6
ROOMS
S8316288
MLSID
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Property Description
FULLY RENOVATED WATERFRONT HOME WITH HIGH-END FINISHES & EASY ACCESS TO LAKE SIMCOE! Welcome to 59 Lankin Blvd. This dream waterfront retreat is nestled off Highway 12, offering unparalleled convenience and luxury living. This meticulously crafted property is just a 10-minute drive from essential amenities, including groceries, shopping centers, restaurants, Soldiers Memorial Hospital, and even a Starbucks. Situated on the serene Lankin Canal, this picturesque home grants direct access to the stunning waters of Lake Simcoe from your own backyard. Enjoy unobstructed views of the adjacent nature reserve, ensuring a tranquil ambiance. This move-in-ready four-level backsplit home has undergone a complete renovation. It boasts a newly paved driveway, a new front deck, windows, and maintenance-free siding. Step inside to discover a freshly painted, modern interior exuding sophistication. The heart of the home is the custom kitchen featuring stone countertops, a large breakfast bar, two-tone cabinetry, and new built-in stainless steel appliances. Entertain effortlessly in the bright and open living and dining area, complete with a built-in dry bar and a wine fridge. Upstairs, two bedrooms await, including a primary suite with a magazine-worthy 5-piece semi-ensuite bathroom and a generous walk-in closet. A striking gas fireplace is a focal point in the secondary living area, with a walkout onto the new deck, where you can soak in the picturesque views of the expansive backyard and water. The adjacent mudroom boasts a new washer and dryer, a second fridge, and an additional walkout to the backyard with convenient access to a full bathroom for effortless summer entertaining. The versatile lower level offers two bedrooms and two bonus spaces, which are perfect for guests or extended family. Outside, the large backyard provides ample space for summer activities, with a brand-new floating dock ready to accommodate your boat, paddleboards, canoes, and kayaks. #HomeToStay
Property Features
Hospital, Lake/Pond, Park, Place Of Worship, Rec Centre, School
Property Details
Community
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
1500-2000
Lot Size
60' x 150'
Acreage
< .50
Lot Irregularities
Approx As Per Geo
Fronting
South
Taxes
$5,240 (2023)
Basement
Finished, W/O
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.74' x 20.01'
DiningMain13.48' x 10.40'
LivingMain13.48' x 14.24'
Prim Bdrm2nd13.32' x 10.83'
2nd Br2nd11.42' x 8.66'
FamilyLower15.49' x 20.93'
LaundryLower6.59' x 12.40'
GamesBsmt7.15' x 9.74'
3rd BrBsmt7.84' x 13.91'
4th BrBsmt10.66' x 9.58'
OfficeBsmt7.35' x 9.74'
Orillia Market Statistics
Orillia Price Trend
59 Lankin Blvd is a 2-bedroom 2-bathroom home listed for sale at $1,099,000, which is $447,000 (68.6%) higher than the average sold price of $652,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Orillia declined by $18,000 (2.7%) compared to the previous 30 day period (March 15 - April 13) and up $90,750 (16.2%) from the same time one year ago.
Inventory Change
There were 12 2-bedroom homes listed in Orillia over the last 30 days (April 14 - May 13), which is up 9.1% compared with the previous 30 day period (March 15 - April 13) and down 7.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Orillia typically sold ($12,900) (2.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $3,900 decrease compared to the previous 30 day period (March 15 - April 13) and ($12,400) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Orillia over the last 30 days (April 14 - May 13) stood at 25.0%, down from 36.4% over the previous 30 days (March 15 - April 13) and down from 61.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Orillia stood at 40 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
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