$529,900
306 Franklin Street, Orillia, ON L3V 1K6
3 Beds
2 Baths
3 Parking
Welcome to this move-in ready home nestled on a generous 60 x 106 ft lot in a sought-after Orillia location. Step inside through the updated front door into a refreshed mudroom entry (2025) that flows into a bright living room filled with natural light from updated windows (2018). The heart of the home is the stunning new kitchen (2022), featuring quartz countertops and backsplash, open to the dining area and perfect for everyday living and entertaining alike. Beautiful new flooring throughout (2020 & 2022) ties the main level together seamlessly. The main floor also offers a full bathroom, a well-sized bedroom, and a walkout to your private, fully fenced backyard.Upstairs you'll find two spacious bedrooms, while the finished lower level adds excellent additional living space with a cozy rec room, a three-piece bathroom, and a dedicated storage, utility, and laundry area.Additional peace of mind comes from attic spray foam insulation (2018), keeping the home comfortable and energy efficient year round. Set in a prime location just minutes from parks, trails, Lake Couchiching, Lake Simcoe, transit, and the vibrant shops and restaurants of downtown Orillia, this home truly checks every box. An exceptional opportunity for first-time buyers. Just move in and enjoy!

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Bedrooms Above Grade 3
Bathrooms 2
Kitchens 1
Basement Finished
Exposure North
Possession flexible

Building

Building Type Detached
Square Footage 1100-1500
Exterior Vinyl Siding
Foundation Concrete
Roof Metal
Heating Heat Pump
Heat Source Other
Cooling Other
Fireplace No

Measurements

Lot Size 60 x 107
Lot Size Area 6420
Lot Size Units Feet
Frontage 60
Depth 107
Total Living Area 1100-1500

Land

Address 306 Franklin Street, Orillia, ON L3V 1K6
City Orillia
Community Orillia
County / Area Simcoe
Cross Street forest & Franklin
Sewer Sewer
Pool None
Parcel Number 586850033

Parking and Garage

Total Parking 3
Garage Spaces 0
Garage Type None

Taxes and Listing Info

List Price $529,900
Annual Taxes $3,160
Tax Year 2025
Status Active
Listing Date 2026-05-25T11:54:44Z
Updated 2026-05-25T11:54:44Z
MLS Number S13168314
Local Market Insight

What Buyers Should Know About 306 Franklin Street, Orillia, ON L3V 1K6

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

306 Franklin Street, Orillia, ON L3V 1K6 is positioned in Orillia, a part of Orillia where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to forest & Franklin, public transit options, parking availability, and drive times to employment areas. A property with 3 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $529,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 3 bedrooms, 2 bathrooms, basement details marked as Finished, and a lot size of 60 x 107, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Orillia, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Orillia. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 306 Franklin Street, Orillia, ON L3V 1K6, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.