16 Korlea Crescent, Orillia

$268,000

3.3 Bedrooms

2.1 Bathrooms

Age: 28

Area Finished: 1,859 sqft.

Lot Size: 50ft x 100ft

Welcome to 16 Korlea Crescent in the

charming town of Orillia. Nearby down-

town Orillia’s shops, cafés and restaurants,

beautiful waterfront of Lake Couchiching,

Couchiching Beach Park, Shannon Bay,

and Kitchener Park just minutes away

mean you’ll never be short of things to do.

Inside, this home has many outstanding

features. Step inside and take a look:

Attractive curb appeal with perennial

garden beds, mature trees, charming

shutters and recessed entry

Spacious front inside entry to main floor

Newly refinished hardwood stairs

Large bright living room open to kitchen

Nicely updated classic kitchen newly

updated counter tops, crown moulding,

plenty of storage and prep space and

new fridge and stove

New high efficiency two stage furnace

New instant heat water heater

Master bedroom features two piece

ensuite

Modern 4 piece bath on main floor

Fully finished basement features a

private side entrance, three bedrooms

with sound proofing, family room,

kitchen, laundry and 3 piece bath for

additional income potential, in-law suite

or dream teen space

Fully fenced rear yard with deck

For more information, or to get a pre-approval call:

16 Korlea Crescent, Orillia

Mortgage Financing Options

Asking Price $268,000

Down Payment

5% 5yr Term

Fixed

10% 5yr Term

Fixed

20% 5yr Term

Fixed

Rate 2.69% 2.69% 2.69%

Down Payment $ 13,400.00 $ 26,800.00 $ 53,600.00

First Mortgage $ 254,600.00 $ 241,200.00 $ 214,400.00

Mortgage Insurance $ 9,165.60 $ 5,788.80 $ 0

Total Financing $ 263,765.60 $ 246,988.80 $ 214,400.00

Term (yrs) 5 5 5

Amortization (yrs) 25 25 25

Monthly Payments

Principal & Interest $ 1,206.68 $ 1,129.93 $ 980.84

Property Tax (2014) $ 248.27 $ 248.27 $ 248.27

Total Monthly Payment $ 1,494.56 $ 1,378.20 $ 1,229.12

The above amounts are estimates and qualification still depends on a formal mortgage application. Quick Close discounted rate holds available.

The above rates are subject to change without notice. Taxes based on previous year.

Other options are available to suit your individual situation, please call for detail and options. Mortgage Rates as of June 26, 2015

16 Korlea Crescent, Orillia

Location, Location, Location…..

Easy access to Hwy 11 for commuters and 2 minute walk to local bus stop Family friendly neighbourhood close to preferred schools including French

Immersion Close to Georgian College and Laurentian for students Nearby Shannon Bay with popular Kitchener Park for swimming,

playground, sports and dog park, as well as Couchiching Beach Park. Nearby downtown Orillia offers shops, cafes, and restaurants Short drive to local shopping amenities including hardware store,

convenience store and grocery store.

Local Elementary School

Local Elementary School Local Secondary School

Every effort is made to ensure the accuracy of the school s for this address, however school zones frequently subject to change. Please be advised no warranty can apply to accuracy and

for this publication. Please contact Simcoe County District School Board at www.scdsb.on.ca or the Simcoe Muskoka Catholic School Board at www.smcdsb.on.ca

Twin Lakes Secondary School 381 Birch Street

Orillia, ON, L3V 2P5 Ph:(705) 325-1318

www.twinlakessecondary.weebly.com

Regent Park Public School 485 Regent Street

Orillia, ON, L3V 4E2 Ph:(705) 326-7481

www.regentorillia.wix.com/regentparkorillia

Local Catholic Elementary School

Local Elementary School Local Catholic Secondary School

Patrick Fogarty Catholic Secondary School

15 Commerce Road Orillia, ON, L3V 6S1 Ph:(705) 325-9372

www.pfo.schools.smcdsb.on.ca

Every effort is made to ensure the accuracy of the schools for this address, however school zones are frequently subject to change. Please be advised no warranty can apply to accuracy

and for this publication. Please contact Simcoe County District School Board at www.scdsb.on.ca or the Simcoe Muskoka Catholic School Board at www.smcdsb.on.ca

St. Bernard’s Catholic Elementary School 255 Oxford Street

Orillia, ON L3V 1H6 Ph:(705) 326-2331

www.nic.schools.smcdsb.on.ca