5 - 1 Olive Crescent, Orillia, Ontario

$749,000

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2

Beds

2

Baths

About 5 - 1 Olive Crescent

Price Reduced! Rare opportunity to own a beautifully maintained end-unit waterfront townhouse condo on Lake Simcoe. Perfect for professionals, couples, or downsizers, this turnkey home combines style, comfort, and convenience in a private 9-unit community.The bright, open-concept main floor features a granite kitchen with stainless steel appliances, breakfast bar with extra storage, and a spacious living/dining area with gas fireplace. Step out to your fenced deck with electric awning and tranquil lake views. Composite decking (upper & lower) and a new railing system are currently being installed, offering durability and a fresh, modern look. Upstairs, both bedrooms are generously sized, with the primary suite offering its own private balcony overlooking the water. The finished lower level adds a large rec room, second full bath, laundry, and built-in storage. Additional highlights include surround sound wiring, updated windows/doors (2019), a 6-year-old A/C, and an attached garage with mezzanine storage and retractable screen. Owners also enjoy use of a shared dock perfect for relaxing in Muskoka chairs and taking in the sounds of the waves, steps from Kitchener Parks 25 acres of green space, tennis courts, dog park, and trails. Minutes to marinas, downtown Orillia, shopping, and Casino Rama. Waterfront living at a new pricedont wait! (id:6289)

Features of 5 - 1 Olive Crescent

Listing # S12370880
Price $749,000
Bedrooms 2
Bathrooms 2.00
Type Single Family
Sub-Type Condominium/Strata

Community Information

Address 5 - 1 Olive Crescent
Subdivision Orillia
City Orillia
Province Ontario
Postal Code L3V7N5

Amenities

Amenities Beach, Hospital, Fireplace(s)
Features Irregular lot size, Sloping, Balcony, Dry, In suite Laundry
Parking Spaces 3
Parking Attached Garage, Garage
# of Garages 2
View View of water, Direct Water View, Unobstructed Water View
Is Waterfront Yes
Waterfront Waterfront
Has Pool No

Interior

Appliances Garburator, Water Heater, Blinds, Dishwasher, Dryer, Garage door opener, Stove, Washer, Refrigerator
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace Yes
# of Fireplaces 2
# of Stories 2
Has Basement Yes

Exterior

Exterior Wood
Foundation Block

Listing Details

OfficeSotheby's International Realty Canada

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Listing information last updated on October 12th, 2025 at 11:16pm PDT.