Welcome to 7 Rice Lane, a gorgeous home offering exceptional flexibility, privacy and an incredible waterfront lifestyle in Orillia's most recent gated community, Sophie's Landing phase 4. Completed in 2025, thoughtfully designed and beautifully maintained by its original owner, this home has a fresh, new-home feel with all appliances purchased new in 2025. Prefer main-floor living? A primary bedroom with ensuite and convenient laundry mean everything you need can be on one level. Upstairs, a second primary bedroom with ensuite offers another option, plus a separate open flex space overlooking the open concept kitchen & dining area, offers tons of natural light, ideal for an office, reading lounge or studio. The finished lower level adds even more space for guests, hobbies and entertaining. Outside, this home's position truly sets it apart. A private corner lot with generous lawn space, tall privacy fencing and no neighbours directly behind creates a wonderfully secluded yard. Enjoy morning sun on the east-facing front porch and afternoon and evening light in the west-facing backyard. And then there's the lifestyle; walk just steps to the water with access to two community dock and water-entry areas plus a dedicated kayak/canoe rack. Lake Simcoe connects to the Trent-Severn Waterway, opening up an incredible network of waterways to explore. Enjoy the security of a gated community, plus clubhouse and newly opened outdoor pool. Nearby Tudhope Park offers trails, green space and waterfront recreation, while shops, restaurants and all that Orillia has to offer are just minutes away. Nearly new and remarkably versatile, 7 Rice Lane offers main-floor living when you want it, extra space when you need it, exceptional privacy and a waterfront lifestyle that makes everyday life feel a little more like a lakefront getaway.
2 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $573 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this townhouse fits your budget and timing.
Inside 7 Rice Lane Rd
Every detail from the listing, in one place.
Type
Townhouse
Style
Bungaloft
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Partially Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungaloft
Property class
Att/Row/Townhouse
7 Rice Lane Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13822686$859,500
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 Rice Lane Rd Compares to the Orillia Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,222
/mo
based on the purchase price of $859,500
$171,900 cash
$687,600 financed
$579,140 total interest
Principal54%$687,600
Interest46%$579,140
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Orillia
Other 2–3 bed homes for sale in Orillia around $860K.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.1%On average, homes sold below asking.
Active listings256Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with May 12 – Aug 10, 2026: prices down.
Based on 221 sales from Aug 10 – Nov 8, 2026 (161 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7 Rice Lane Rd
How much is 7 Rice Lane Rd listed for?
7 Rice Lane Rd is listed at $859,500 (MLS® S13822686). Summitly updates the price as soon as the MLS® record changes.
Is $859,500 a good price for 7 Rice Lane Rd?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Orillia. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 7 Rice Lane Rd changed?
No — 7 Rice Lane Rd is still listed at its original asking price of $859,500.
How many bedrooms and bathrooms does 7 Rice Lane Rd have?
7 Rice Lane Rd has 2 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a townhouse in Orillia.
How much would the monthly mortgage be on 7 Rice Lane Rd?
About $4,222 a month — principal and interest on $859,500 with 20% down ($171,900), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7 Rice Lane Rd compare with other homes in Orillia?
Its asking price of $859,500 is about 51% above the median sold price in Orillia over the last 90 days, $568,000, across 221 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7 Rice Lane Rd been sold before?
Summitly has no earlier MLS® sale or lease of 7 Rice Lane Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 Rice Lane Rd?
7 Rice Lane Rd is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 Rice Lane Rd been on the market?
45 days — 7 Rice Lane Rd was listed on September 24, 2026.
What is the price per square foot of 7 Rice Lane Rd?
About $430 to $573 per square foot: the asking price of $859,500 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 7 Rice Lane Rd have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 7 Rice Lane Rd have a basement, and is it finished?
The listing describes the basement as: Partially Finished.
