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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 263 daysPrice drop · $210,000 off (-13.2%)

    407 Bay Street

    ·Orillia, ON··

    • 3 beds
    Orillia real estate›S12515842
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to 407 Bay Street, Orillia - located in one of the city's most desirable neighbourhoods. This stunning custom-built 5-bedroom, 3.5-bath, two-storey home showcases exceptional craftsmanship, modern design, and high-end finishes throughout. The main level offers an open-concept dining area and a gorgeous farmhouse-style kitchen featuring a custom oak island, quartz countertops, floating shelves, and a pot filler. The living room boasts a beautiful brick accent wall and a gas fireplace, complemented by an office, 2-piece bath, and a spacious laundry/mudroom with garage access and a walkout to the rear deck. Upstairs, you'll find three bedrooms, including a bright primary suite with a 3-piece ensuite, plus an additional 4-piece bath. The fully finished lower level features a large recreation room with a gas fireplace, wet bar/kitchenette, walkout to the backyard, two additional bedrooms, a 3-piece bath, fitness area, utility room, and storage. (In-law suite with walk out to pool). The backyard is perfect for family enjoyment, backing onto scenic recreational trails and featuring an in-ground pool with a newer liner and concrete surround. This home has been extensively updated with premium finishes - custom millwork, built-in cabinetry, ship lap details, cedar accents, stunning tile work, upgraded fixtures, and elegant brass hardware. Additional updates include a metal roof, new main and second level windows, composite decking, Regal railing and more. Located across the street from Lake Couchiching, water access via an unopened 66' Bay Street road allowance or Borland St, just minutes to downtown, Couchiching Beach Park, boat launch, shopping and more. A truly remarkable home that must be seen in person to be appreciated.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 26, 2026Price reducedCurrentReduced$1,380,000−$210,000 (13.2%)S12515842This page
    Nov 6, 2025ListedCurrentFor sale$1,590,000 —S12515842This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 407 Bay Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Fenced Yard
    • Golf
    • Hospital
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,780
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $824
    0.72% mill rate · ON
    The market

    How this home sits in the Orillia market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Orillia market right now

    Average sold price, days on market, and closed-transaction count for Orillia — sourced from MLS®.

    • Avg sold price
      $585,377
      Last 30 days
    • Median sold price
      $565,000
      Middle of the market
    • Days on market
      37 d
      Avg from list to close
    • Closed last 30d
      156
      MLS® transactions
    Full Orillia market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 407 Bay Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 407 Bay Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 407 Bay Street listed for?

      407 Bay Street is listed at $1,380,000 on the MLS® (listing S12515842). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 407 Bay Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 4 baths
  2. 2000-2500 sqft
  3. Detached
  4. Built 51-99
  5. Asking
    $1,380,000
    $0 / sqft · MLS® S12515842
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $585,377
    $538,547Confidence range$632,207
    Asking vs estimate
    ↑↑well-above
    +$794,623
    (+135.7%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Orillia sell in about 37 days — this one has been listed 263 days.

    Avg sold price
    $585,377
    Median sold
    $565,000
    Avg days on market
    37
    Recently sold
    156
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • The main level offers an open-concept dining area and a gorgeous farmhouse-style kitchen featuring a custom oak island, quartz countertops, floating shelves, and a pot filler.
    • The living room boasts a beautiful brick accent wall and a gas fireplace, complemented by an office, 2-piece bath, and a spacious laundry/mudroom with garage access and a walkout to the rear deck.
    • The backyard is perfect for family enjoyment, backing onto scenic recreational trails and featuring an in-ground pool with a newer liner and concrete surround.
    • This home has been extensively updated with premium finishes - custom millwork, built-in cabinetry, ship lap details, cedar accents, stunning tile work, upgraded fixtures, and elegant brass hardware.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  7. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    6
    Driveway
    Private Double, Circular Drive
  8. Interior

    5
    Basement
    Apartment, Finished with Walk-Out, Full
    Family room
    Y
    Kitchens
    1
    Total rooms
    7
    Laundry level
    Main Level
  9. Exterior & construction

    5
    Exterior
    Brick, Vinyl Siding
    Roof
    Metal
    Foundation
    Concrete Block
    View
    Trees/Woods
    Pool
    Inground
  10. Lot & land

    2
    Year built
    51-99
    Zoning
    R1
  11. Listing & possession

    4
    Possession
    2026-01-14T00:00:00.000-00:00
    Occupancy
    TBD
    Property style
    2-Storey
    Property class
    Detached
  12. Room-by-room · 17 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Dining Room
      16.7 × 14.1 ft
    • Living Room
      13.6 × 16.5 ft
    • Foyer
      17.0 × 15.4 ft
    • Laundry
      12.3 × 11.5 ft
    • Office
      6.0 × 7.9 ft
    • Bathroom
      7.5 × 4.4 ft
    • Kitchen
      16.7 × 14.1 ft

    Second level

    5 rooms
    • Bedroom 2
      10.4 × 14.0 ft
    • Bathroom
      4 Pc Ensuite
      13.9 × 7.4 ft
    • Bathroom
      4 Pc Bath
      10.4 × 5.3 ft
    • Bedroom 3
      16.3 × 9.9 ft
    • Primary Bedroom
      12.8 × 13.9 ft

    Basement level

    5 rooms
    • Kitchen
      B/I Bar
      9.8 × 3.3 ft
    • Bedroom
      12.8 × 12.7 ft
    • Bathroom
      10.9 × 7.0 ft
    • Bedroom
      12.3 × 14.6 ft
    • Recreation
      31.0 × 16.6 ft
  13. Park
  14. Public Transit
  15. Combined estimate
    $7,604
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,780
    /mo
    based on the purchase price of $1,380,000
    $276,000 cash
    $1,104,000 financed
    $929,858 total interest
    Monthly payment$6,780/ month
    Principal54%$1,104,000
    Interest46%$929,858

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    or send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Orillia

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 8 Dalton Crescent
      Sold
      Sign in for price
      8 Dalton Crescent
      Detached
    • 38 Andrea Crescent
      Sold
      Sign in for price
      38 Andrea Crescent
      Detached
    • 3155 Monarch Drive
      Sold
      Sign in for price
      3155 Monarch Drive
      Detached
    • 20 CHRISTINE Place
      Sold
      Sign in for price
      20 CHRISTINE Place
      Detached
    • 249 Harvey Street
      Sold
      Sign in for price
      249 Harvey Street
      Detached
    • 151 Atherley Road
      Sold
      Sign in for price
      151 Atherley Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    407 Bay StreetThis home3 / 420,002,500$1,380,000ask———
    8 Dalton Crescent2 / 2700—
    38 Andrea Crescent3 / 21,100—
    Sold prices are hidden under TRREB rules. to reveal them.

    More detacheds in Orillia

    Active listings within ±20% of this asking price.

    • 403 Bay Street
      $1,398,000
      403 Bay Street
      Detached 5 4
    • 258 Bay Street
      $1,499,900
      258 Bay Street
      Detached 4 3
    • 5 Invermara Court
      $1,599,999
      5 Invermara Court
      Detached 3 4
    • 608 Moberley Avenue
      $1,595,000
      608 Moberley Avenue
      Detached 3 3
    • 683 Glen Crescent
      $1,599,999
      683 Glen Crescent
      Detached 2 2
    • 269 Cedarmere Road
      $1,259,000
      269 Cedarmere Road
      Detached 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of RE/MAX RIGHT MOVE · displayed on Summitly per MLS® data-share rules

    407 Bay Street is a 3-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 407 Bay Street built?

    407 Bay Street was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for 407 Bay Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 407 Bay Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 407 Bay Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,380,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 407 Bay Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 407 Bay Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 407 Bay Street in?

    407 Bay Street is in Orillia, Orillia. The 'Neighbourhood' section below links to the live Orillia real estate hub with average sold price, days on market, and current inventory.

  25. Is Orillia a good place to live?

    Orillia is one of ON's actively-tracked Summitly markets. The full Orillia real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 3155 Monarch Drive
    3 / 5
    1,500
    —
    20 CHRISTINE Place3 / 2700—
    249 Harvey Street4 / 31,500—
    151 Atherley Road3 / 21,500—