Walkout Basement with Hot Tub on Sierra Drive, Orillia

Property details for 3020 Sierra Drive, Orillia

Type: Residential
Bedrooms: 3
Bathrooms: 4
Lot Size: 39.4 x 111.6 FT
Stories: 2
Basement: Finished, Walk out, N/A
Parking: Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Stone, Brick Veneer
Ownership: Freehold
Annual Taxes: $8,225 (2025)

Tucked at the end of a quiet cul-de-sac on Sierra Drive, this 4,200 sq ft home sits elevated with views over a forest, pond, and hills. You'll enter to find hardwood and tile throughout, a main floor that flows from the living room into a kitchen with stone counters, upscale cabinetry, a sizeable island with breakfast bar, and a walk-in pantry. The dining room overlooks the treed backyard, and a deck connects indoors to the fenced yard. Upstairs, all three bedrooms are spacious, with the primary suite getting generous closet space; there's also a laundry room on this level, so no hauling baskets up and down. The finished walk-out basement is a game-changer: a big rec room, a bar, a 3-piece bath, and it walks right out to the backyard where a hot tub sits. Stone and brick exterior keeps upkeep low. You're 1.3 km from Food Basics and a couple of restaurants, and under 3 km to downtown Orillia and the lake. With 6 parking spots, a double garage, and an annual tax bill of $8,225, it's priced at $1,089,000, which sits above the nearby median of $854k, but you're getting the square footage and the walkout. A great spot for families or anyone who wants main-floor living and a party-ready basement.

About 3020 Sierra Drive, Orillia — Property Score

Feature Rich Hot Market Great Location

Score: 63/100

Value

Priced 69% above area median of $644,450 based on 86 comparable properties nearby 1

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

4 bathrooms - 1 more than similarly priced properties nearby 72

4,397 sqft lot - a standard lot for the area 65

Location

$86K median household income - above the Canadian average of $70K 73

88% of residents hold postsecondary credentials - a highly educated neighbourhood 95

83% homeownership rate - indicating a stable, owner-occupied community 88

70% of residents commute under 30 minutes - excellent commuter accessibility 86

388/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 54 days on market 100

+89.3% median price change over 1 month - rising prices in the area 100

29.8 months of housing supply - 119 active listings with 4 sold last month (buyer's market) 40

Features

6-car garage - more than the area average of 4.9 spots 95

Finished, Walk out, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

View - premium features that add significant value 60

Investment

0.76% effective tax rate ($8,225/yr) - below the Canadian average of ~1% 77

17% renter population - primarily owner-occupied area 51

Quality

Condition

Listing

47 photos provided - 34% more than the area average of 35 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.