Updated 4-Bed Bungalow with In-Law Suite in West Orillia

Property details for 10 Karen Crescent, Orillia

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Lot Size: 124 x 126.7 FT
Stories: 1
Basement: Finished, Full, Separate entrance, N/A, N/A
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Stone
Ownership: Freehold
Annual Taxes: $3,991

This 1,132 sq ft bungalow sits on a 124 x 126.7 ft lot in West Orillia, and it's way more than the typical single-family home. The main floor has three bedrooms, a renovated bathroom with a walk-in shower, and an open-concept living area with hardwood floors. But the real kicker is the finished walk-out basement. It's got its own private entry, a bedroom, full bath, secondary kitchen, and laundry. Perfect for in-laws or rental income. Major upgrades are already done: new roof, sump pump, weeping tile, drainage, and waterproofing in 2026. That's peace of mind you don't have to budget for. The lot is huge, with a partially fenced yard and a large deck. Parking is ridiculous; you can fit up to eight cars or a trailer. You're near Highway 11 and a bunch of restaurants, plus a Food Basics and Tim Hortons within 2 km. Asking $649,000. That's a fair price considering the recent updates and the income potential from that basement suite.

About 10 Karen Crescent, Orillia — Property Score

Hot Market Feature Rich Great Location

Score: 71/100

Value

Priced 5.9% below area median of $689,999 based on 93 comparable properties nearby 79

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

15,711 sqft lot - an oversized lot for the area 90

Location

$64K median household income - near the Canadian average of $70K 62

78% of residents hold postsecondary credentials - a highly educated neighbourhood 86

71% homeownership rate - indicating a stable, owner-occupied community 79

68% of residents commute under 30 minutes - excellent commuter accessibility 85

1,424/km² population density - a well-balanced suburban area 84

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

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

Finished, Full, Separate entrance, N/A, N/A basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.61% effective tax rate ($3,991/yr) - below the Canadian average of ~1% 82

30% renter population - primarily owner-occupied area 65

Quality

Condition

Listing

36 photos provided - 3% 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.