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)More details
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)More details
Welcome to this highly desired neighborhood in the City of Orillia. This home is perfectly situated in close proximity to all the essential amenities - schools, public library, golf courses, healthcare facilities, shopping, dining, and transit; only a five-minute drive away to the local hospital. Couchiching Beach and the public boat launch are also close by, and it's less than 20 minutes from Casino Rama. The home is loaded with good features. The large front window provides a fantastic view of the neighboring park, which has a grass field and a splash pad. Home has been thoughtfully upgraded for stylish and comfortable living, with notable improvements including 2023 Upgrades of a remodeled kitchen and main bathroom, a new pantry for extended counter space and storage, new windows and doors throughout. The double sliding door to the deck includes built-in blinds for easy maintenance. Newly installed HVAC in 2023 for the entire home, with each level featuring its own dedicated unit for more personalized comfort. 2022 Upgrades are: A new owned hot water tank, new light fixtures, toilets, outdoor motion lights (front and back), and a new washer and dryer. Additional Features includes: stainless steel appliances in the kitchen and pot lights throughout the living and dining areas. The finished lower level offers ideal living potential for guests, in-laws, or adult children, allowing them to reside in the same household while maintaining their own private space. This bright area features large above-ground windows that provide natural light throughout the day, private bathroom with shower, separate entrance, and dedicated parking space. Overall, this home has a lot to offer anyone looking for a long-term residence to call their own. (id:2493)More details
EXCITING OPPORTUNITY IN THE HEART OF ORILLIA WITH MIXED USE ZONING, IDEAL FOR INVESTMENT FOCUSED BUYERS! Thinking about strengthening your investment portfolio with a downtown Orillia property that offers real long-term flexibility? Locations like this don't come around often, with shops, cafés, and dining along Mississaga Street just steps away, Couchiching Beach Park and the waterfront trail system nearby, Mariposa Market around the corner, and both the hospital and recreation centre within easy walking distance for everyday ease. Set in the heart of Orillia's downtown core, this well-cared-for non-conforming triplex is zoned DS1 and offers nearly 2,600 square feet with a versatile layout that supports commercial and residential uses. A detached rear storage building with updated shingles offers extra flexibility and has been rented in the past, while a fenced, landscaped backyard creates a rare outdoor bonus in this central location. The bachelor unit has been remodelled, including an updated kitchen and bathroom, and features exclusive heating and air conditioning controls, the three bedroom unit offers two bathrooms and in-suite laundry, and the two-bedroom unit has been updated and delivers a refreshed kitchen and bathroom along with in-suite laundry, creating comfortable, practical living spaces throughout. Heating and cooling are supported by heat pump systems alongside gas heating and a smart thermostat, complemented by an updated 75-gallon gas water tank and professional foundation repair completed by Chamelean Masonry for added confidence. Plenty of parking with space for up to six vehicles rounds out the package, making this a compelling opportunity in one of Orillia's most walkable and vibrant pockets. (id:2493)More details
Welcome to 440 Barrie Rd, Orillia. A beautifully maintained detached raised bungalow offering over 1,450 sq ft of bright, comfortable living space in a sought after, family oriented neighbourhood. The open concept main floor is warm and inviting, featuring a spacious kitchen that flows seamlessly into the living and dining areas, perfect for entertaining or everyday living. The main Floor also offers 2 sizeable bedrooms and a 4 piece bathroom, including a primary suite with a walk-in closet and convenient ensuite laundry. The fully finished basement is a standout, boasting oversized windows that flood the space with natural light, creating a bright and welcoming atmosphere. Enjoy a large bedroom with its own 4 piece ensuite, a spacious living area, and a walkout to your stunning backyard retreat. The outdoor space features a beautiful in-ground saltwater pool ideal for summer relaxation and entertaining. With in-law suite capability, the lower level is perfect for extended family or potential income. Located just one minute from Highway 11, commuting is a breeze. You're also only minutes from top local amenities including schools, parks, arenas, the hospital, Costco, and everything Orillia has to offer. (id:2493)More details
Data was last updated February 12, 2026 at 03:45 AM (UTC)
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