A rare opportunity to own a legal, income-producing triplex in the heart of Orillia. Set on a generous lot with ample surface parking, this property offers self-contained units, each with its own entrance, kitchen, and bathroom, plus shared coin laundry for added convenience and revenue. The unit mix includes two 2-bedroom units, one 1-bedroom unit, and a finished basement. Two of the units are occupied month to month, providing immediate cash flow, while one unit sits vacant, giving a new owner full control to set market rents from day one. For first-time buyers or owner-occupants, the layout also allows you to live in one unit while tenant income from the others helps offset your own housing costs.The location works hard for both tenants and owners, with downtown shopping, schools, the hospital, parks, and quick highway access all just steps away. Big-ticket maintenance is already handled too, with a new roof installed in 2024. The property is being sold move-in ready, with all three stoves, three fridges, washer, dryer, and light fixtures included.Whether you're an investor looking or a buyer wanting to offset your mortgage with rental income, this triplex offers flexibility and long-term value in one of Orillia's most convenient locations. Book your showing today - opportunities like this don't sit long. (id:2493)
Data was last updated September 11, 2026 at 08:45 PM (UTC)
Area Statistics
Listings on market:
206
Avg list price:
$644,450
Min list price:
$189,900
Max list price:
$3,799,000
Avg days on market:
34
Min days on market:
1
Max days on market:
309
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.
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