Attention Orillia Real Estate Investors! Legal triplex within a 1 minute walk to Soldiers Memorial Hospital. Tons of upside on rental income with 2 vacant units and the 3rd unit can be vacant on closing so you can set rents at market rent from day 1! Also decrease expenses because all units are seperatly metered allowing tenants to pay their own hydro bills. Basement unit offers 2 beds, One 4pc bath, kitchen and living room plus in suite laundry, ceramic floors throughout and currently vacant. Rear unit is a 1 bed, One 4pc bath, large living room, in-suite laundry, laminate floors, freshly painted and currently vacant. Front unit is two levels and offers 1 bed, one 4pc bath, living room, kitchen and in-suite laundry ( this unit is currently occupied but can be vacant on closing if necessary). Gas wall furnaces in each unit. Large mature backyard. Front has excellent parking with space for atleast 6 cars. Attract quality tenants due to strong location just steps from schools, hospital, businesses, downtown and is on a bus route. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
1,100 sq. ft.102 m2
Living Area (Max):
1,500 sq. ft.139 m2
Taxes:
$2,986.55 /
-
Community:
Orillia
Features:
Separate Electricity Meters
Exterior Features:
Vinyl siding
Community Features:
School Bus, Community Centre
Structure Type:
Triplex
Appliances Included:
Refrigerator, Stove, Dryer, Two Washers, Water Heater
Data was last updated November 9, 2025 at 06:15 AM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$659,950
Min list price:
$499,999
Max list price:
$2,299,000
Avg days on market:
48
Min days on market:
2
Max days on market:
188
Avg price per sq.ft.:
$277.49
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.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s 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.