Barrie ON REALTOR® - Call: 705-797-8412
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- S12781426
- Bedrooms:
- 9
- Bathrooms:
- 5
- Photos (34)
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Looking for a turn key investment that was newly renovated just 2 years ago? This is an exceptional purpose built 5-plex with very low maintenance costs (only 22 years old), featuring four 2-bedrooms units and 1 studio unit, all with 1 kitchen and 1 full bathroom. Occupied with triple A tenants, this property yields very strong cash flow ($94,140), resulting in an excellent cap rate. All units were renovated with commercial grade flooring (2023), new kitchens (2023) and bathrooms (2023). An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants (2023), and low operating costs ($17,653). Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. This property is zoned C4i, which offers a ton of potential uses for a savy investor. Email for financials & link to more pictures and details. (id:2493)
- Property Type:
- Multi-family
- Living Area (Min):
- 2,500 sq. ft.
- Living Area (Max):
- 3,000 sq. ft.
- Zoning:
- C41
- Taxes:
- $8,087.86 / -
- Community:
- Orillia
- Exterior Features:
- Vinyl siding
- Structure Type:
- Other
- Appliances Included:
- Refrigerator, Stove, Hood Fan
- Bedrooms:
- 9
- Bedrooms Above Grade:
- 8
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 5.0
- Cooling:
- Window air conditioner
- Fireplace:
- No
- Foundation:
- Concrete, Slab
- Heating:
- Baseboard heaters, Other
- # Storeys:
- 2.0
- Water:
- Municipal water
- Sewer:
- Sanitary sewer
- Basement:
- None
- Lot Frontage:
- 90'
- Lot Details:
- 90 x 135 FT
- Parking:
- No Garage
- Total Parking Spaces:
- 10
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Listed by RIGHT AT HOME REALTY, BROKERAGE
Data was last updated February 12, 2026 at 08:15 AM (UTC)
Area Statistics
- Listings on market:
- 18
- Avg list price:
- $1,197,450
- Min list price:
- $379,900
- Max list price:
- $2,299,000
- Avg days on market:
- 153
- Min days on market:
- 0
- Max days on market:
- 283
- Avg price per sq.ft.:
- $276.97
These statistics are generated based on the current listing's property type
and located in
Orillia. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- TODD AND LYNN GUERGIS
- ROYAL LEPAGE FIRST CONTACT REALTY
- 1 (705) 728-4067
- Contact by Email
Location
Suite 100 - 299 Lakeshore Road
Barrie, Ontario L4N 7Y9