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, CITY-PERMITTED DUPLEX 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 an interior doorway, 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!
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
6-15
Total Approx Floor Area:
1100-1500
Lot Size:
<.50
Lot Depth:
187'57 m
Lot Frontage:
39'4"12 m
Lot Shape:
Rectangular
Direction Faces:
North
Bedrooms:
3+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
14
Zoning:
WRR2
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete, Concrete Block, Concrete
Roof:
Shingles
Basement:
Full, Finished, Separate Entrance
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$6,168 /
2025
Assessment:
$- /
-
Simcoe
Orillia
Orillia
Place Of Worship, Park, Public Transit, School, Wooded/Treed
Primary Bedroom - Main Floor, In-Law Capability, Guest Accommodations, In-Law Suite, Air Exchanger
HWT
All appliances in both kitchens, freezer in basement, all ELF's (electric light fixtures)
Data was last updated October 21, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
154
Avg list price:
$649,900
Min list price:
$250,000
Max list price:
$4,499,999
Avg days on market:
41
Min days on market:
0
Max days on market:
728
These statistics are generated based on the current listing's property type
and located in
Orillia. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.